TMUS Dividend

Although TMUS has a dividend of 1.02 with an ex-dividend date of Nov 26, you can sell covered calls on T-Mobile US, Inc. to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Thu 1:10 PM ET):

T-Mobile US, Inc. (TMUS)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
214.39	214.49	214.41	+1.73	2.4M	21	238B

TMUS Dividend-Like Income Using Covered Calls

With TMUS at 214.41, 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%	6.43	1.8
5%	10.72	2.9
10%	21.44	5.9

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 TMUS Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 5	215.00	4.80	23	20.9	0.51 (0.2%)
Dec 12	215.00	5.75	30	19.2	0.51 (0.2%)

5% Yield On TMUS Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 5	215.00	4.80	23	20.9	0.51 (0.2%)
Dec 12	215.00	5.75	30	19.2	0.51 (0.2%)

10% Yield On TMUS Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 5	215.00	4.80	23	20.9	0.51 (0.2%)
Dec 12	215.00	5.75	30	19.2	0.51 (0.2%)

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Want more examples? TMQ Dividend | TMV Dividend