YieldBoost Winnebago Industries To 21.2% Using Options
December 27, 2024 at 11:41 AM EST
Shareholders of Winnebago Industries, Inc. (WGO) looking to boost their income beyond the stock's 2.9% annualized dividend yield can sell the June 2025 covered call at the $50 strike and collect the premium based on the $4.10 bid, which annualizes to an additional 18.3% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 21.2% annualized rate in the scenario where the stock is not called away..
