YieldBoost Triumph Group To 11.6% Using Options
January 20, 2017 at 13:07 PM EST
Shareholders of Triumph Group Inc. (TGI) looking to boost their income beyond the stock's 0.7% annualized dividend yield can sell the June covered call at the $30 strike and collect the premium based on the $1.10 bid, which annualizes to an additional 10.9% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 11.6% annualized rate in the scenario where the stock is not called away..