YieldBoost Dominos Pizza To 4.2% Using Options
December 11, 2024 at 11:37 AM EST
Shareholders of Dominos Pizza Inc. (DPZ) looking to boost their income beyond the stock's 1.3% annualized dividend yield can sell the January 2027 covered call at the $620 strike and collect the premium based on the $28.00 bid, which annualizes to an additional 2.9% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 4.2% annualized rate in the scenario where the stock is not called away..