7 hrs ago | Forbes.com
YieldBoost Joy Global From 1.2% To 6.2%
Inc looking to boost their income beyond the stock's 1.2% annualized dividend yield can sell the January 2015 covered call at the $77.50 strike and collect the premium based on the $4.95 bid, which annualizes to an additional 5.1% rate of return against the current stock price , for a total of 6.2% annualized rate in the scenario where the stock is ... (more)
3 top stock picks from Wealth Management's Lorne Steinberg
Lorne Steinberg is president and portfolio manager at Lorne Steinberg Wealth Management.