Strategy To YieldBoost NiSource From 2.9% To 9.1% Using Options
Shareholders of NiSource Inc. (Symbol: NI) looking to boost their income beyond the stock’s 2.9% annualized dividend yield can sell the July covered call at the $40 strike and collect the premium based on the $1.00 bid, which annualizes to an additional 6.2% rate of return again
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