EE Dividend

Although EE has a dividend of 0.08 with an ex-dividend date of Aug 20, 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 11:55 AM ET):

Excelerate Energy, Inc. Class A (EE)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
24.10	24.14	24.12	-0.28	86K	18	2.0B

EE Dividend-Like Income Using Covered Calls

With EE at 24.12, 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%	0.72	0.2
5%	1.21	0.3
10%	2.41	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
Oct 17	25.00	1.10	64	1.7	0.86 (3.6%)
Sep 19	25.00	0.75	36	2.1	0.86 (3.6%)

5% Yield On EE Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	25.00	1.10	64	1.7	0.86 (3.6%)
Sep 19	25.00	0.75	36	2.1	0.86 (3.6%)

10% Yield On EE Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	25.00	1.10	64	1.7	0.86 (3.6%)
Sep 19	25.00	0.75	36	2.1	0.86 (3.6%)

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Want more examples? EDZ Dividend | EEFT Dividend