BATRA Dividend Type Payments
Although BATRA has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Liberty Media Corporation - Series A Liberty Braves 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):
| Liberty Media Corporation - Series A Liberty Braves (BATRA) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 39.51 | 41.04 | 40.29 | +0.16 | 44K | - | 2.5B |
BATRA Dividend-Like Income Using Covered Calls
With BATRA at 40.29, 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% | 1.21 | 0.3 |
| 5% | 2.01 | 0.6 |
| 10% | 4.03 | 1.1 |
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 BATRA Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Nov 15 | 45.00 | 0.85 | 211 | 0.4 | 3.96 (9.8%) | |
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| Top 10 Open Interest For May 17 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | HYG dividend | 6. | KWEB dividend | 1. | CVNA dividend | |
| 2. | IWM dividend | 7. | EEM dividend | 2. | FSLY dividend | |
| 3. | FXI dividend | 8. | SLV dividend | 3. | CLSK dividend | |
| 4. | QQQ dividend | 9. | TSLA dividend | 4. | MARA dividend | |
| 5. | SPY dividend | 10. | EWZ dividend | 5. | EYPT dividend | |
Want more examples? BAR Dividend | BATRK Dividend
