Newell Brands: YieldBoost Newell Brands From 2.7% To 21.2% Using Options
Shareholders of Newell Brands Inc (Symbol: NWL) looking to boost their income beyond the stock's 2.7% annualized dividend yield can sell the September covered call at the $11 strike and collect the premium based on the $1.25 bid, which annualizes to an additional 18.5% rate of r
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Newell Brands is a Georgia-based holding company that owns and sells such brands as Coleman, Marmot, PaperMate& Parker pens Oster, Sunbeam, Yankee Candle and Rubbermaid.
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