YieldBoost TEX From 1.7% To 19.2% Using Options
Shareholders of Terex Corp. (Symbol: TEX) looking to boost their income beyond the stock's 1.7% annualized dividend yield can sell the July covered call at the $45 strike and collect the premium based on the $2.55 bid, which annualizes to an additional 17.5% rate of return again
AI brief
Pulse reads the full article- What happened
- Why it matters
- What to watch
Sign in to get the AI brief. Pulse explains what happened, why it matters, what to watch and who's exposed. Free for members.
Sign in to read the brief