YieldBoost RGA To 7.2%

Shareholders of Reinsurance Group of America, Inc. (NYSE: RGA) looking to boost their income beyond the stock's 1.8% annualized dividend yield can sell the January 2014 covered call at the $70 strike and collect the premium based on the $1.55 bid, which annualizes to an additional 5.4% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 7.2% annualized rate in the scenario where the stock is not called away. Any upside above $70 w...