EE Dividend Type Payments

Although EE has no upcoming (meaning, Board-approved and announced) dividends, 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 Tue 4:16 PM ET):

Excelerate Energy, Inc. Class A (EE)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
29.38	30.51	29.60	-2.10	515K	30	0.8B

EE Dividend-Like Income Using Covered Calls

With EE at 29.60, 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%	0.89	0.2
5%	1.48	0.4
10%	2.96	0.8

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
Aug 15	31.00	1.70	221	0.8	0.49 (1.7%)
May 16	31.00	0.85	130	0.7	0.49 (1.7%)

5% Yield On EE Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Aug 15	31.00	1.70	221	0.8	0.49 (1.7%)
May 16	31.00	0.85	130	0.7	0.49 (1.7%)

10% Yield On EE Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
May 16	34.00	1.10	130	0.8	3.49 (11.8%)
Feb 21	31.00	0.75	46	1.6	0.49 (1.7%)

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Want more examples? EDZ Dividend | EEFT Dividend