Strategy To YieldBoost ALLE From 1.3% To 5.6% Using Options

Shareholders of Allegion plc (Symbol: ALLE) looking to boost their income beyond the stock’s 1.3% annualized dividend yield can sell the June 2026 covered call at the $180 strike and collect the premium based on the $3.50 bid, which annualizes to an additional 4.3% rate of retur