XYLG Dividend Type Payments

Although XYLG has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Global X S&P 500 Covered Call & Growth 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):

Global X S&P 500 Covered Call & Growth ETF (XYLG)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
27.51	28.47	27.73	-0.04	59K	-	0.1B

XYLG Dividend-Like Income Using Covered Calls

With XYLG at 27.73, 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%	0.83	0.2
5%	1.39	0.4
10%	2.77	0.8

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:

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Top 10 Open Interest For Feb 20 Expiration				Top 5 High Yield
1.	NVDA dividend	6.	QQQ dividend	1.	BE dividend
2.	SLV dividend	7.	EWZ dividend	2.	OCUL dividend
3.	KWEB dividend	8.	CORZ dividend	3.	SMCI dividend
4.	GLD dividend	9.	INTC dividend	4.	WDC dividend
5.	IBIT dividend	10.	SPY dividend	5.	IREN dividend

Want more examples? XYLD Dividend | YANG Dividend