BATRK Dividend Type Payments
Although BATRK has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Liberty Media Corporation - Series C Liberty Braves to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 4:16 PM ET):
| Liberty Media Corporation - Series C Liberty Braves (BATRK) | ||||||
|---|---|---|---|---|---|---|
| Bid | Ask | Last | Change | Volume | P/E | Market Cap |
| 40.67 | 42.94 | 41.80 | -0.21 | 335K | - | 2.6B |
BATRK Dividend-Like Income Using Covered Calls
With BATRK at 41.80, 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% | 1.25 | 0.3 |
| 5% | 2.09 | 0.6 |
| 10% | 4.18 | 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 BATRK Using Covered Calls | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
| Sep 19 | 45.00 | 0.05 | 10 | 0.5 | 2.06 (4.9%) | |
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| Top 10 Open Interest For Sep 19 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA dividend | 6. | IBIT dividend | 1. | RNA dividend | |
| 2. | PCG dividend | 7. | QQQ dividend | 2. | ATYR dividend | |
| 3. | IWM dividend | 8. | SLV dividend | 3. | ADBE dividend | |
| 4. | SPY dividend | 9. | FXI dividend | 4. | ASTS dividend | |
| 5. | EEM dividend | 10. | TSLA dividend | 5. | RH dividend | |
Want more examples? BATRA Dividend | BATT Dividend
