EE Dividend Type Payments

Excelerate Energy, Inc. Class A dividend

Although EE has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Excelerate Energy, Inc. Class A 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):

Excelerate Energy, Inc. Class A (EE)
Bid Ask Last Change Volume P/E Market Cap
25.70 29.00 27.32 -0.85 504K 20 2.3B

EE Dividend-Like Income Using Covered Calls

With EE at 27.32, 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% 0.82 0.2
5% 1.37 0.4
10% 2.73 0.7

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 EE Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 29.00 1.25 64 2.0 0.00 (0.0%)
Nov 21 29.00 0.15 36 0.4 0.00 (0.0%)
5% Yield On EE Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 29.00 1.25 64 2.0 0.00 (0.0%)
Nov 21 29.00 0.15 36 0.4 0.00 (0.0%)
10% Yield On EE Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Dec 19 29.00 1.25 64 2.0 0.00 (0.0%)
Feb 20 29.00 1.85 127 1.5 0.00 (0.0%)

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