YieldBoost Alexander & Baldwin. To 10.4% Using Options

Shareholders of Alexander & Baldwin Inc. (ALEX) looking to boost their income beyond the stock's 0.5% annualized dividend yield can sell the June 2015 covered call at the $40 strike and collect the premium based on the $2.05 bid, which annualizes to an additional 9.9% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 10.4% annualized rate in the scenario where the stock is not called away..