YieldBoost Norfolk Southern To 4.1% Using Options

Shareholders of Norfolk Southern Corp. (NSC) looking to boost their income beyond the stock's 2% annualized dividend yield can sell the January 2016 covered call at the $125 strike and collect the premium based on the $3.30 bid, which annualizes to an additional 2.1% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 4.1% annualized rate in the scenario where the stock is not called away..
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.