YieldBoost Thor Industries From 1.4% To 12.7%

Shareholders of Thor Industries, Inc. (NYSE: THO) looking to boost their income beyond the stock's 1.4% annualized dividend yield can sell the December covered call at the $55 strike and collect the premium based on the $2.65 bid, which annualizes to an additional 11.3% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 12.7% annualized rate in the scenario where the stock is not called away. Any upside above $55 would be lost if...