YieldBoost NOC From 1.6% To 6.2% Using Options

Shareholders of Northrop Grumman Corp (Symbol: NOC) looking to boost their income beyond the stock’s 1.6% annualized dividend yield can sell the January 2027 covered call at the $660 strike and collect the premium based on the $35.40 bid, which annualizes to an additional 4.6% r