YieldBoost Wabtec From 0.5% To 6.2% Using Options

Shareholders of Wabtec Corp (Symbol: WAB) looking to boost their income beyond the stock’s 0.5% annualized dividend yield can sell the July 2026 covered call at the $240 strike and collect the premium based on the $7.10 bid, which annualizes to an additional 5.7% rate of return