USAC Dividend Type Payments

Although USAC has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on USA Compression Partners, LP Common Units Representing Limited Partner I to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 4:16 PM ET):

USA Compression Partners, LP Common Units Representing Limited Partner I (USAC)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
24.08	24.96	24.44	+0.17	360K	36	2.9B

USAC Dividend-Like Income Using Covered Calls

With USAC at 24.44, 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%	0.73	0.2
5%	1.22	0.3
10%	2.44	0.7

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 USAC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	25.00	0.75	94	0.8	0.04 (0.2%)

5% Yield On USAC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	25.00	0.75	94	0.8	0.04 (0.2%)

10% Yield On USAC Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Dec 19	25.00	0.75	94	0.8	0.04 (0.2%)

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Want more examples? URTY Dividend | USAI Dividend