BX Dividend Type Payments

Although BX has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Blackstone Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 3:50 PM ET):

Blackstone Inc. (BX)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
181.12	181.21	181.16	+0.50	1.6M	69	130B

BX Dividend-Like Income Using Covered Calls

With BX at 181.16, 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%	5.43	1.5
5%	9.06	2.5
10%	18.12	5.0

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 BX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 6	185.00	2.82	24	11.8	3.79 (2.1%)
Dec 13	185.00	3.80	31	12.3	3.79 (2.1%)

5% Yield On BX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 6	185.00	2.82	24	11.8	3.79 (2.1%)
Dec 13	185.00	3.80	31	12.3	3.79 (2.1%)

10% Yield On BX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 6	185.00	2.82	24	11.8	3.79 (2.1%)
Dec 13	185.00	3.80	31	12.3	3.79 (2.1%)

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Top 10 Open Interest For Nov 15 Expiration				Top 5 High Yield
1.	FXI dividend	6.	IWM dividend	1.	AAP dividend
2.	NVDA dividend	7.	EEM dividend	2.	CAPR dividend
3.	TSLA dividend	8.	TLT dividend	3.	DLO dividend
4.	SPY dividend	9.	SMCI dividend	4.	EWCZ dividend
5.	SLV dividend	10.	EWZ dividend	5.	CGC dividend

Want more examples? BWZ Dividend | BXC Dividend