Shareholders of Lakeland Bancorp, Inc. (LBAI) looking to boost their income beyond the stock's 5% annualized dividend yield can sell the April covered call at the $15 strike and collect the premium based on the 15 cents bid, which annualizes to an additional 67.8% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 72.9% annualized rate in the scenario where the stock is not called away..