Boosting Linde PLC's Dividend Yield: A Covered Call Strategy

Investors seeking to boost their income from Linde PLC (LIN) can sell November covered calls at $475, collecting a premium that annualizes to an 8% return, for a total of 9.3%. This strategy involves selling the call option and potentially losing upside if the stock rises to $475. However, if the stock is called away, the shareholder would have earned a 10.7% return from the trading level. The dividend history chart and trailing twelve-month volatility of LIN can help in judging whether this strategy is reasonable.