How To YieldBoost STE From 1.1% To 10.3% Using Options

Shareholders of STERIS plc (Symbol: STE) looking to boost their income beyond the stock’s 1.1% annualized dividend yield can sell the June 2026 covered call at the $250 strike and collect the premium based on the $14.80 bid, which annualizes to an additional 9.3% rate of return