je.st
news
How To YieldBoost Illinois Tool Works To 5.5% Using Options
2013-10-21 22:43:30| Industrial Machines - Topix.net
Shareholders of Illinois Tool Works looking to boost their income beyond the stock's 2.2% annualized dividend yield can sell the January 2015 covered call at the $85 strike and collect the premium based on the $3.20 bid, which annualizes to an additional 3.3% rate of return against the current stock price , for a total of 5.5% annualized rate in ... (more)
Tags: options
using
works
tool
Category:Industrial Goods and Services
Latest from this category |
All news |
||||||||||||||||||||
|
|
||||||||||||||||||||