CEG Dividend Type Payments

Although CEG has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Constellation Energy Corporation to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 3:00 PM ET):

Constellation Energy Corporation (CEG)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
306.44	306.64	306.64	+62.80	12.2M	27	76B

CEG Dividend-Like Income Using Covered Calls

With CEG at 306.64, 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%	9.20	2.5
5%	15.33	4.2
10%	30.66	8.4

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 CEG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Feb 7	310.00	15.10	29	52.1	3.36 (1.1%)
Feb 14	310.00	16.90	36	46.9	3.36 (1.1%)

5% Yield On CEG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Feb 7	310.00	15.10	29	52.1	3.36 (1.1%)
Feb 14	310.00	16.90	36	46.9	3.36 (1.1%)

10% Yield On CEG Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Feb 7	310.00	15.10	29	52.1	3.36 (1.1%)
Feb 14	310.00	16.90	36	46.9	3.36 (1.1%)

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Want more examples? CEFD Dividend | CEIX Dividend