Steelcase: Strategy To YieldBoost Steelcase From 3.5% To 16.2% Using Options

Shareholders of Steelcase, Inc. (Symbol: SCS) looking to boost their income beyond the stock's 3.5% annualized dividend yield can sell the July covered call at the $12.50 strike and collect the premium based on the 75 cents bid, which annualizes to an additional 12.7% rate of re