YieldBoost Sylvamo From 2.2% To 13.4% Using Options
Shareholders of Sylvamo Corp (Symbol: SLVM) looking to boost their income beyond the stock’s 2.2% annualized dividend yield can sell the May 2025 covered call at the $92.50 strike and collect the premium based on the $5.50 bid, which annualizes to an additional 11.2% rate of ret