YieldBoost Kohl's From 2.9% To 11.6% Using Options
Shareholders of Kohl's Corp. (Symbol: KSS) looking to boost their income beyond the stock's 2.9% annualized dividend yield can sell the December 2027 covered call at the $30 strike and collect the premium based on the $1.87 bid, which annualizes to an additional 8.7% rate of ret