VT Dividend Type Payments

Vanguard Total World Stock Index ETF dividend

Although VT has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Vanguard Total World Stock Index ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):

Vanguard Total World Stock Index ETF (VT)
Bid Ask Last Change Volume P/E Market Cap
138.88 140.00 139.24 -0.05 3.5M - 1.0B

VT Dividend-Like Income Using Covered Calls

With VT at 139.24, 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% 4.18 1.1
5% 6.96 1.9
10% 13.92 3.8

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 VT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 141.00 0.55 36 1.5 1.00 (0.7%)
Nov 21 140.00 0.15 8 1.9 0.00 (0.0%)
5% Yield On VT Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 142.00 0.85 36 2.4 2.00 (1.4%)
Nov 21 141.00 0.30 8 3.8 1.00 (0.7%)

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Top 10 Open Interest For Nov 21 Expiration     Top 5 High Yield
1.IBIT dividend 6.SPY dividend   1.IMNM dividend
2.NVDA dividend 7.TLT dividend   2.RZLT dividend
3.KVUE dividend 8.GLD dividend   3.AGIO dividend
4.SLV dividend 9.QQQ dividend   4.VTYX dividend
5.TSLA dividend 10.ASST dividend   5.TMC dividend

Want more examples? VSTM Dividend | VTEB Dividend