YieldBoost Heidrick & Struggles International To 21.2% Using Options
June 05, 2020 at 15:09 PM EDT
Shareholders of Heidrick & Struggles International, Inc. (HSII) looking to boost their income beyond the stock's 2.5% annualized dividend yield can sell the January 2021 covered call at the $25 strike and collect the premium based on the $2.80 bid, which annualizes to an additional 18.7% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 21.2% annualized rate in the scenario where the stock is not called away..
