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
28.49 30.09 29.34 -0.19 452K 20 0.9B

EE Dividend-Like Income Using Covered Calls

With EE at 29.34, 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% 0.88 0.2
5% 1.47 0.4
10% 2.93 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:

3% Yield On EE Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 30.00 0.85 57 1.3 0.00 (0.0%)
Jul 18 30.00 0.30 29 0.7 0.00 (0.0%)
5% Yield On EE Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 30.00 0.85 57 1.3 0.00 (0.0%)
Jul 18 30.00 0.30 29 0.7 0.00 (0.0%)
10% Yield On EE Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Aug 15 30.00 0.85 57 1.3 0.00 (0.0%)
Jul 18 31.00 0.55 29 1.9 0.91 (3.1%)

Want to increase dividends with covered calls?  Sign Up For A Free Trial

 
 
Top 10 Open Interest For Jul 18 Expiration     Top 5 High Yield
1.SLV dividend 6.TSLA dividend   1.ALT dividend
2.NVDA dividend 7.IWM dividend   2.COGT dividend
3.SPY dividend 8.FXI dividend   3.BBAI dividend
4.GLD dividend 9.AAPL dividend   4.RUN dividend
5.TLT dividend 10.CLSK dividend   5.CELC dividend

Want more examples? EDZ Dividend | EEFT Dividend