SES Dividend Type Payments
Although SES has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on SES AI Corporation Class A to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 3:35 PM ET):
SES AI Corporation Class A (SES) |
Bid |
Ask |
Last |
Change |
Volume |
P/E |
Market Cap |
1.29 |
1.30 |
1.29 |
+0.03 |
373K |
- |
0.0B |
SES Dividend-Like Income Using Covered Calls
With SES at 1.29, 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% |
0.04 |
0.0 |
5% |
0.06 |
0.0 |
10% |
0.13 |
0.0 |
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 SES Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
Oct 18 |
2.50 |
0.10 |
177 |
0.1 |
1.20 (93.0%) |
5% Yield On SES Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
Oct 18 |
2.50 |
0.10 |
177 |
0.1 |
1.20 (93.0%) |
10% Yield On SES Using Covered Calls |
Expiration |
Strike |
Call Bid |
Days |
Cents/Day |
Upside Potential |
Oct 18 |
2.50 |
0.10 |
177 |
0.1 |
1.20 (93.0%) |
Want to increase dividends with covered calls? Sign Up For A Free Trial