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Strategy To YieldBoost Steelcase To 7.4%

2013-08-01 20:25:32| Furniture - Topix.net

Shareholders of Steelcase, Inc. looking to boost their income beyond the stock's 2.6% annualized dividend yield can sell the January 2014 covered call at the $17.50 strike and collect the premium based on the 35 cents bid, which annualizes to an additional 4.8% rate of return against the current stock price , for a total of 7.4% annualized rate in ... (more)

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