YieldBoost Kraft Foods Group To 7.2%

Shareholders of Kraft Foods Group Inc (NASD: KRFT) looking to boost their income beyond the stock's 3.8% annualized dividend yield can sell the January 2015 covered call at the $57.50 strike and collect the premium based on the $2.45 bid, which annualizes to an additional 3.4% 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 $57.50 would b...