FWONK Dividend Type Payments

Although FWONK has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Liberty Media Corporation - Series C Liberty Formula One 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):

Liberty Media Corporation - Series C Liberty Formula One (FWONK)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
94.62	105.58	99.43	+0.76	635K	-	66B

FWONK Dividend-Like Income Using Covered Calls

With FWONK at 99.43, 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%	2.98	0.8
5%	4.97	1.4
10%	9.94	2.7

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 FWONK Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Nov 21	110.00	1.25	99	1.3	4.42 (4.4%)
Feb 20	110.00	2.10	190	1.1	4.42 (4.4%)

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Want more examples? FWONA Dividend | FWRD Dividend