VSS Dividend Type Payments
Although VSS has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Vanguard FTSE All-Wld ex-US SmCp Idx ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 3:00 PM ET):
Vanguard FTSE All-Wld ex-US SmCp Idx ETF (VSS) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
125.02 | 125.10 | 125.06 | +0.72 | 67K | - | 0.0B |
VSS Dividend-Like Income Using Covered Calls
With VSS at 125.06, here's a table showing how big the annual "dividend" (i.e. total annual call premium received) would need to be to attain 3%, 5%, and 10% annual yields. Also shown is the equivalent number of cents/day necessary to achieve each yield:
Annual Yield | Annual Premium | Cents/Day |
---|---|---|
3% | 3.75 | 1.0 |
5% | 6.25 | 1.7 |
10% | 12.51 | 3.4 |
So now we need to find out of the money covered calls that pay at least the prescribed cents/day amount of time premium. That will generate income and, because they are out of the money, leave room for some upside potential on the stock. Here are some examples:
3% Yield On VSS Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Nov 15 | 125.00 | 0.75 | 43 | 1.5 | 0.00 (0.0%) | |
Oct 18 | 126.00 | 0.30 | 15 | 2.0 | 0.90 (0.7%) |
5% Yield On VSS Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Oct 18 | 126.00 | 0.30 | 15 | 2.0 | 0.90 (0.7%) |
Want to increase dividends with covered calls? Sign Up For A Free Trial
Top 10 Open Interest For Oct 18 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA dividend | 6. | EEM dividend | 1. | TVTX dividend | |
2. | IWM dividend | 7. | SLV dividend | 2. | AEHR dividend | |
3. | SPY dividend | 8. | SMCI dividend | 3. | CLOV dividend | |
4. | FXI dividend | 9. | KWEB dividend | 4. | CAPR dividend | |
5. | QQQ dividend | 10. | HYG dividend | 5. | APLD dividend |
Want more examples? VSH Dividend | VST Dividend