LILAK Dividend Type Payments

Although LILAK has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Liberty Latin America Ltd. - Class C 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):

Liberty Latin America Ltd. - Class C (LILAK)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
5.50	6.50	6.35	-0.10	1.9M	-	1.3B

LILAK Dividend-Like Income Using Covered Calls

With LILAK at 6.35, 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%	0.19	0.1
5%	0.32	0.1
10%	0.64	0.2

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 LILAK Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	7.50	0.10	95	0.1	1.00 (15.7%)

5% Yield On LILAK Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Oct 17	7.50	0.10	95	0.1	1.00 (15.7%)

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Want more examples? LILA Dividend | LIN Dividend