Strategy To YieldBoost PFS To 39.6% Using Options

Shareholders of Provident Financial Services Inc (Symbol: PFS) looking to boost their income beyond the stock's 6.9% annualized dividend yield can sell the April covered call at the $17.50 strike and collect the premium based on the 5 cents bid, which annualizes to an additional https://www.nasdaq.com/articles/strategy-to-yieldboost-pfs-to-39.6-using-options