YieldBoost MKC From 2.8% To 14.9% Using Options

Shareholders of McCormick & Co Inc (Symbol: MKC) looking to boost their income beyond the stock’s 2.8% annualized dividend yield can sell the June 2026 covered call at the $70 strike and collect the premium based on the $4.20 bid, which annualizes to an additional 12.1% rate