EQT Dividend

Although EQT has a dividend of 0.16 with an ex-dividend date of May 7, you can sell covered calls on EQT Corporation 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):

EQT Corporation (EQT)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
39.44	39.50	39.43	+1.45	11.7M	9.0	17B

EQT Dividend-Like Income Using Covered Calls

With EQT at 39.43, 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%	1.18	0.3
5%	1.97	0.5
10%	3.94	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 EQT Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 26	40.00	0.14	3	4.7	0.50 (1.3%)
May 3	40.00	0.49	10	4.9	0.50 (1.3%)

5% Yield On EQT Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 26	40.00	0.14	3	4.7	0.50 (1.3%)
May 3	40.00	0.49	10	4.9	0.50 (1.3%)

10% Yield On EQT Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Apr 26	40.00	0.14	3	4.7	0.50 (1.3%)
May 3	40.00	0.49	10	4.9	0.50 (1.3%)

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

Top 10 Open Interest For May 17 Expiration				Top 5 High Yield
1.	IWM dividend	6.	EEM dividend	1.	SNAP dividend
2.	HYG dividend	7.	KWEB dividend	2.	META dividend
3.	QQQ dividend	8.	TSLA dividend	3.	FSLY dividend
4.	SPY dividend	9.	SLV dividend	4.	CVNA dividend
5.	FXI dividend	10.	EWZ dividend	5.	PINS dividend

Want more examples? EQR Dividend | EQWL Dividend