SATS Dividend Type Payments

Although SATS has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on EchoStar Corporation - Common stock to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 2:30 PM ET):

EchoStar Corporation - Common stock (SATS)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
22.74	22.76	22.76	+0.77	1.0M	-	6.0B

SATS Dividend-Like Income Using Covered Calls

With SATS at 22.76, 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%	0.68	0.2
5%	1.14	0.3
10%	2.28	0.6

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 SATS Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 20	24.00	1.27	36	3.5	1.24 (5.4%)
Jan 17	24.00	1.75	64	2.7	1.24 (5.4%)

5% Yield On SATS Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 20	24.00	1.27	36	3.5	1.24 (5.4%)
Jan 17	24.00	1.75	64	2.7	1.24 (5.4%)

10% Yield On SATS Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 20	24.00	1.27	36	3.5	1.24 (5.4%)
Jan 17	24.00	1.75	64	2.7	1.24 (5.4%)

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1.	NVDA dividend	6.	QQQ dividend	1.	HLX dividend
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3.	EEM dividend	8.	KWEB dividend	3.	LUNR dividend
4.	FXI dividend	9.	TLT dividend	4.	CRVS dividend
5.	IWM dividend	10.	KRE dividend	5.	ANAB dividend

Want more examples? SASR Dividend | SAVA Dividend