YieldBoost Amphenol Corp. To 6.7% Using Options
November 12, 2019 at 11:58 AM EST
Shareholders of Amphenol Corp. (APH) looking to boost their income beyond the stock's 1% annualized dividend yield can sell the April 2020 covered call at the $110 strike and collect the premium based on the $2.50 bid, which annualizes to an additional 5.7% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 6.7% annualized rate in the scenario where the stock is not called away..