YieldBoost La-Z-Boy To 11.5% Using Options

Shareholders of La-Z-Boy Inc. (Symbol: LZB) looking to boost their income beyond the stock’s 2.3% annualized dividend yield can sell the January 2025 covered call at the $40 strike and collect the premium based on the $2.00 bid, which annualizes to an additional 9.2% rate of ret