Strategy To YieldBoost La-Z-Boy From 2.8% To 17.8% Using Options

Shareholders of La-Z-Boy Inc. (Symbol: LZB) looking to boost their income beyond the stock’s 2.8% annualized dividend yield can sell the April 2026 covered call at the $35 strike and collect the premium based on the $2.10 bid, which annualizes to an additional 15% rate of return