Articles by Robert Hauver on ArticleSnatch.com

Dividends and Covered Calls - Income Investors and Option Trading

Thu, 08 Oct 2009 17:55:37 -0400

By combining the power of trading options and dividend stock investing, income investors can actually double and sometimes even triple their yields on dividend paying stocks. Selling covered calls is often compared to taking out a limited insurance policy on your stocks, except that, in this case, you get paid to take out this policy. How? If you own a stock with options available, you can sell an option to call, (buy), your shares away from you at a given price, known as the strike price. You'll receive money, called a premium, for selling a call option. In fact, you'll often receive a bigger $ amount per share by selling a call premium than you're currently receiving as a dividend. This money reduces your net cost basis on the stock, hence the insurance analogy. What's the catch? By selling the call option, you're obligating yourself to deliver x amount of shares of the underlying stock at a specific price - the strike price. Each option contract corresponds to 100 shares of the underlying stock, so make sure that you own at least 100 shares of the stock BEFORE you try to sell calls against it. **End Summary** Topics: covered calls]]> trade options]]> options]]> trading options]]> option trading]]> call option]]> option strategy]]> call options]]> high dividend stocks]]> ]]> About the Author: ]]> Which high dividend stocks have even higher covered call yields? Visit http://www.DoubleDividendStocks.com and check out our free Covered Call Tables, High Dividend Stock Tables, and Investing Blog, where you'll find trade examples on many dividend paying stocks, plus our monthly newsletter, The Double Dividend Stock Alert, with the best dividend stocks, covered calls and covered put trades available.

The Best High Dividend Stocks - Which Sectors To Find Them In

Thu, 08 Oct 2009 12:37:16 -0400

Where can you find the best high dividend stocks? Every Industry Sector has certain dividend paying stocks that are the best stocks to buy for dividend income. However, some sectors feature companies with higher dividends than other sectors. The Energy and Basic Materials sectors are two places where you can find some of the best stocks that offer a high dividend yield. Several of the companies in these sectors are LP's, (Limited Partners), or MLP's, (Master Limited Partners), that are required to pay out at least 90% of their income to "unitholders", in return for not paying corporate taxes. (LP's and MLP's list their shares as units, hence the term, "unitholder", is the same as shareholder.) One key thing to check right off the bat is the firm's dividend payout ratio, in other words, how much of their earnings are they paying out in the form of dividends. You should also look at their dividend growth rate over the last 5-10 years, if possible. For LP's or MLP's, or REIT's, beware of firms with a dividend payout ratio above 100-110%, depending upon how they treat depreciation. **End Summary** Topics: stocks]]> high dividend stocks]]> dividend]]> best stocks]]> best stocks to buy]]> dividend stocks]]> high dividend]]> dividend yield]]> dividend paying stocks]]> ]]> About the Author: ]]> Looking for the best high dividend stocks? Visit http://www.DoubleDividendStocks.com for free tables of High Dividend Stocks by Sector, and Investing Blog articles about stocks with solid high dividend yields.

America's Oldest Dividend Paying Stocks - Part 3

Tue, 14 Jul 2009 00:00:00 -0400

In Parts 1-2 of this series we listed the oldest dividend paying stocks in the U.S., and profiled two of them - York Water, (YORW), and DuPont, (DD). In this article we'll profile some additional companies worth looking into. Here are the members of this "Old Timer's Club":     LORILLARD - 1760 - Consumer Goods BANK OF NY – 1784 - Bank   CIGNA - 1792 - Insurance   WASHINGTON TRUST - 1800 - Community Bank   DUPONT - 1802 - Industrial Diversified  Chemicals COLGATE-PALMOLIVE - 1806 - Consumer Goods   VALSPAR - 1806 - Industrial   JOHN WILEY & SONS - 1807 - Publishing   HARTFORD GROUP - 1810 - Insurance   CITIGROUP - 1812 - Bank   YORK WATER - 1816 - Utility   First, let's look at America's oldest dividend paying company, Lorillard, (LO). Many key metrics look attractive for this 249-year old firm, which has a very strong balance sheet: Today's opening price: $67.04 Dividend Yield: 5.49% ($3.68/share) EPS next year: $5.82/share Dividend Payout Ratio: 63.2% Debt/Equity: 0 Long Term Debt/Equity: 0 Quick Ratio: 1.23 Current Ratio: 1. **End Summary** Topics: dividend paying companies]]> America's oldest companies]]> LO]]> VAL]]> high dividend stocks]]> call option]]> covered calls]]> put option]]> selling covered calls]]> ]]> About the Author: ]]> Robert Hauver publishes The Double Dividend Stock Alert. a monthly newsletter and investor resource website that features "high yield investing for low risk investors". If you're looking for "the place where high yield meets low risk", visit: www.DoubleDividendStocks.com

The Oldest Dividend Paying Stocks in the U.S. - Part 2

Thu, 09 Jul 2009 00:00:00 -0400

In Part 1 of this series we listed the oldest dividend paying stocks in the U.S. In this article we'll try to sort out which ones have the best history of paying dividends, and, more importantly, which ones might be healthy enough to actually invest in. Here are the "Old Timer's Club" members: LORILLARD - 1760 - Consumer Goods BANK OF NY – 1784 - Bank   CIGNA - 1792 - Insurance   WASHINGTON TRUST - 1800 - Community Bank   DUPONT - 1802 - Industrial Diversified  Chemicals COLGATE-PALMOLIVE - 1806 - Consumer Goods   VALSPAR - 1806 - Industrial   JOHN WILEY & SONS - 1807 - Publishing   HARTFORD GROUP - 1810 - Insurance   CITIGROUP - 1812 - Bank   YORK WATER - 1816 - Utility   So, which of these companies has the safest dividend? This is a question with many answers. As we noted in the 1st article, York Water, (YORW), holds the record for consecutive dividends, having paid 553 consecutive dividends during the 193 years since it was founded in 1816. Their record is certainly impressive and offers some safety. **End Summary** Topics: dividend paying stocks]]> high dividend stocks]]> dividends]]> dividend payout ratio]]> best dividend stocks]]> DD]]> YORW]]> covered call]]> call option]]> ]]> About the Author: ]]> Robert Hauver publishes The Double Dividend Stock Alert. a monthly newsletter and informational website that features "high yield investing for low risk investors". If you're looking for "the place where high yield meets low risk", visit: www.DoubleDividendStocks.com

America's Oldest Dividend Stocks - Part 1

Sun, 05 Jul 2009 00:00:00 -0400

With July 4th rapidly approaching, I've been wondering which dividend paying stocks are the oldest companies in America. I also tried to sort out which of these companies have the best history of paying and increasing dividends, and, just as important, which ones might be healthy enough to actually invest in. This "Old Timer's Club" has a mixed membership, in more ways than one: 3 banks, 3 industrial giants, 2 insurance companies, 1 consumer goods manufacturer, 1 publisher, and 1 water utility. There may be additional old companies that are still around, but here are the ones I came up with, the years they were founded, and their industries: LORILLARD - 1760 - Consumer Goods BANK OF NY - 1784 - Bank CIGNA - 1792 - Insurance WASHINGTON TRUST - 1800 - Bank DUPONT - 1802 - Industrial Diversified COLGATE-PALMOLIVE - 1806 - Consumer Goods VALSPAR - 1806 - Industrial JOHN WILEY & SONS - 1807 - Publishing HARTFORD GROUP - 1810 - Insurance CITIGROUP - 1812 - Bank YORK WATER - 1816 - Utility OLDEST COMPANY: Lorillard (LO) Founded in 1760, by entrepreneur Pierre Lorillard in New York City. America's first tobacco company, now known as Lorillard Inc. **End Summary** Topics: most consecutive dividends]]> oldest dividend stocks]]> oldest US dividend stocks]]> dividend paying stocks]]> oldest US companies]]> oldest US dividends]]> LO]]> DD]]> CL]]> ]]> About the Author: ]]> Robert Hauver publishes The Double Dividend Stock Alert. a monthly newsletter that features "high yield investing for low risk investors". If you're looking for "the place where low risk meets high yield", visit: www.DoubleDividendStocks.com

Bottom Fishing For High Dividend Yield Stocks - Part 5

Sun, 21 Jun 2009 00:00:00 -0400

In this series, we screened for 6 parameters: 1. High Dividend Yield - Above 5 % (The S&P 500 average dividend yield is approximately 3.42%). 2. Moderate Dividend Payout Ratio - Below 50 % (The S&P's payout ratio is approximately 59 %). 3. Less Than 40 % above 52-Week Low 4. Options Available 5. Current Ratio: Over 1.5 6. Long Term Debt to Equity: Under .5 These conservative screens yielded two solid high dividend stocks. We then detailed the impressive yields that you could capture by either buying these stocks outright and selling covered calls, OR, by selling puts against them. Since both of these strategies afford high yields, which is the best way to go? As with most investing decisions, much of the answer to this question lies with your outlook for the market and for the particular stock, given your own individual investing goals. We've found it useful to have a checklist when deciding which way to invest in a well-researched stock that you believe in. 1. Market Outlook: Based on current trends, and upcoming events, where do you think the market is headed? - Bullish: Sell Covered Calls - Less Bullish: Sell Puts 2. **End Summary** Topics: covered call]]> put]]> puts]]> calls]]> options]]> high dividend stocks]]> high dividend paying stocks]]> high yield stocks]]> dividends]]> ]]> About the Author: ]]> Robert Hauver publishes The Double Dividend Stock Alert. a newsletter all about "high yield investing for low risk investors". If you're looking for "the Place where Low Risk meets High Yield", visit: www.DoubleDividendStocks.com

High Dividend Stocks - Bottom Fishing - Part 4

Thu, 11 Jun 2009 00:00:00 -0400

In the first three parts of this series, we used these screens to find high dividend stocks with strong balance sheets: 1. High Dividend Yield - Above 5 % 2. Moderate Dividend Payout Ratio - Below 50 % 3. Less Than 40 % Above 52-Week Low * 4. Options Available 5. Current Ratio: Over 1.5 6. Long Term Debt to Equity: Under .5 In part 3, we adjusted screen # 3 to: Over 50% below 52-week high". This adjusted screen gave us Olin Corp., (OLN), a Basic Materials/Diversified Chemicals company, which has two divisions -chlor alkali specialty chemicals and ammunitions for sports and the military. Olin currently has a good dividend yield of approximately 6.2%, and their dividend payout ratio of less than 37% is very low for a high dividend stock. Olin's 33% Debt-To-Equity ratios are strong and identical for both long term and short term debt. Current Ratio: 1.9, meaning that their current assets are nearly twice as high as their liabilities. OLN is also cheap by many other metrics: Growth: A low PEG ratio of only .57 (investors look for PEG's under 1) Price/Book (P/B): Only 1.40 Price/Earnings (P/E): 6. **End Summary** Topics: highest dividend yielding stocks]]> dividend paying stocks]]> high dividend stocks]]> dividends]]> covered calls]]> covered puts]]> put option]]> call option]]> OLN]]> ]]> About the Author: ]]> Robert Hauver publishes The Double Dividend Stock Alert. a monthly newsletter featuring "high yield investing for low risk investors". If you're looking for "the place where low risk meets high yield", visit: www.DoubleDividendStocks.com

Bottom Fishing For High Dividend Yield Stocks - Part 3

Mon, 08 Jun 2009 00:00:00 -0400

In parts 1 & 2 of this series, we used the following screens: 1. High Dividend Yield - Above 5 % (The S&P 500 average dividend yield is approximately 3.42%). 2. Moderate Dividend Payout Ratio - Below 50 % (The S&P's payout ratio is currently 59 %). 3.Less Than 40 % Above 52-Week Low * 4. Options Available 5. Current Ratio: Over 1.5 6. Long Term Debt to Equity: Under .5 As the market keeps rallying, it's getting tougher to find good stocks still near their lows, so I adjusted screen # 3 to: Over 50% below 52-week high". This adjusted screen identified Olin Corp., (OLN), a Basic Materials-Synthetics/Diversified Chemicals company, which has 2 divisions -chlor alkali specialty chemicals and ammunitions for sports and the military. Olin currently has a good dividend yield of just under 6%, and their dividend payout ratio of less than 37% is very low for a high dividend stock. Olin's Debt-To-Equity ratios are strong and identical for both long term and short term debt: a mere 33%. The Current Ratio is around 1.9, meaning that their current assets are nearly twice as high as their liabilities. **End Summary** Topics: high dividend stocks]]> high dividend yields]]> call option]]> covered call]]> covered calls]]> dividends]]> options]]> high dividend paying stocks]]> high dividend yield sto]]>]]> About the Author: ]]> Robert Hauver publishes The Double Dividend Stock Alert, an investment newsletter that features "high yield investing for low risk investors". If you're looking for "The place where Low Risk meets High Yield", visit: www.DoubleDividendStocks.com

Balance Sheet Screening For High Dividend Stocks - Part 2

Mon, 01 Jun 2009 00:00:00 -0400

In part 1 of this series, we used the following 6 screens to identify an undervalued, high dividend stock, Cal-Maine Foods, (CALM), with a strong balance sheet: 1. High Dividend Yield - Above 5 % (The S&P 500 average dividend yield is approximately 3.42%). 2. Moderate Dividend Payout Ratio - Below 50 % (The S&P's payout ratio is approximately 59 %). 3. Less Than 40 % Above 52-Week Low 4. Options Available 5. Current Ratio: Over 1.5 6. Long Term Debt to Equity: Under .5 We then used the conservative bullish approach of selling covered calls to increase Cal-Maine's already high dividend even further. But, what approach can you take if you're not so bullish on the market, which has gained over 35% since March 9, 2009, or, if you want to accumulate CALM at a lower entry price? Instead of buying CALM at $24.93, (its June 1, 2009 opening price), a more conservative approach would be to sell covered puts on it, at a lower price. Selling a put against a stock means that you are selling someone the option to sell, or "put" the stock to you by a future date. **End Summary** Topics: highest dividend yielding stocks]]> high dividend stocks]]> CALM]]> best dividend stocks]]> dividend stocks]]> dividend paying stocks]]> dividends]]> options]]> put options]]> ]]> About the Author: ]]> Robert Hauver publishes The Double Dividend Stock Alert, an investment newsletter that identifies high yielding, solid companies like the one in this article. For higher yields and new value investing ideas, visit the website: http://www.DoubleDividendStocks.com

Bottom Fishing For High Dividend Yields - Part 1

Fri, 29 May 2009 00:00:00 -0400

Given the 30%-plus rise in the S&P 500 since March 9th, 2009, is it still possible for income investors to find high dividend stocks whose prices haven't gotten ahead of themselves? On a recent bottom fishing expedition, I screened for 3 preliminary parameters: 1. High Dividend Yield - Above 5 % (The S&P 500 average dividend yield is approximately 3.42%). 2. Moderate Dividend Payout Ratio - Below 50 % (The S&P's current payout ratio is approximately 59 %). 3. Less Than 40 % Above 52-Week Low 4. Options Available This preliminary screen yielded several companies, from 4 different sectors: Consumer Goods, Industrials, Basic Materials, and Financials. I then added the following 2 balance sheet screening ratios, in order to find the most well-funded companies: 1. Current Ratio: Over 1.5 2. Long Term Debt to Equity: Under .5 These additional screens yielded just 5 companies, one of whom I've been following for awhile - Cal-Maine Foods, (CALM). You may have often heard the advice, "Only invest in what you understand". Cal-Maine Foods just happens to be one of those easy-to-understand companies - they're the largest seller of eggs in the US. **End Summary** Topics: high dividend stocks]]> high dividend yields]]> dividends]]> income investors]]> dividend payout ratio]]> CALM]]> bottom fishing]]> stocks]]> high yield investing]]> ]]> About the Author: ]]> Robert Hauver, MBA, publishes The Double Dividend Stock Alert a monthly investment newsletter which features a select few of the elite stocks in this article, and shows investors how to protect and increase their yields on them. For proven high yield strategies, based on risk reduction and sound research, visit: www.DoubleDividendStocks.com

A High Yield Timber REIT Where Money Grows On Trees

Fri, 22 May 2009 00:00:00 -0400

Who says that money doesn't grow on trees? Did you know that timber was one of the ONLY assets that appreciated in 2008? Just take a look at the high yield stocks in the diversified timber REIT sub-industry, and you'll be launching into a verse of Monty Python's "Lumberjack Song"... One Timber Reit which emerges in a screen for high dividend yields is Potlatch Corp., (PCH). A figure that many investors use when analyzing timber companies is the amount of acres/share. At Potlatch's current price of $26.77, you get approximately 38-39 acres/share, plus you get the rest of the business for free, (land sales & development, and wood products manufacturing). Potlatch recently announced a cutback in timber harvesting, due to soft market prices, but is maintaining their dividend of $.51/share/quarter, for a 7.62% yield. You can juice PCH's high dividend yield even further, by selling January 2010 covered calls, essentially earning an extra, or "double dividend". Please note that each call contract controls 100 shares of the underlying stock. Here's how it would work, based upon 100 shares.: 1. Buy 100 shares PCH at $26.77 2. Sell 1 Jan 2010 $30 call for $2.20 3. **End Summary** Topics: high dividend stocks]]> high yield stocks]]> high dividend paying stocks]]> timber reits]]> PCH]]> dividend income]]> double dividend]]> covered calls]]> options]]> ]]> About the Author: ]]> Robert Hauver, MBA, publishes The Double Dividend Stock Alert a monthly investment newsletter with high yield, low risk strategies for income and value investors. For more high yield conservative strategies like the one in this article, visit: www.DoubleDividendStocks.com

Top 5 Dividend Stocks for 2009 -Part 3 - How To Buy Stocks At A Discount

Tue, 19 May 2009 00:00:00 -0400

In parts 1 & 2 of this series, we identified the top 5 dividend stocks for 2009, based on total cash payouts to investors. We also explained a proven strategy that will protect your dividend yields against a market pullback. In this article, we'll discuss a strategy through which you can buy a stock at a discount to its current price, or, at least earn a nice yield by trying to. The 5 stocks we listed were: 1. Royal Dutch Shell (RDS-A, RDS-B) - Pays $3.20/share, yielding 6.4% 2. AT&T (T) - Pays $1.64/share, currently yielding 6.7%. 3. General Electric (GE) GE's $.82/share 2009 payout currently equals a 6.1% yield. (The payout will decrease to $.10/share per quarter in the 3rd quarter of 2009, so the remaining payout/share for the balance of 2009 will be $.51, a yield of 3.8%, or 5.7% annualized). 4. Exxon Mobil (XOM) The company's annual dividend rate is $1.60/ share, for a 2.3% current yield. 5. Chevron Corp. (CVX), has an annual dividend/share of $2.60, which equals a dividend yield of 3.9% at the current price. **End Summary** Topics: high dividend stocks]]> top 5 dividend stocks 2009]]> high yield stocks]]> selling puts]]> put options]]> T]]> XOM]]> cvx]]> GE]]> ]]> About the Author: ]]> Robert Hauver, MBA, publishes The Double Dividend Stock Alert a monthly investment newsletter which features a select few of the elite stocks in this article, and shows investors how to protect and increase their yields on them. For proven high yield strategies, based on risk reduction and sound research, visit: www.DoubleDividendStocks.com

2009 Top 5 Dividend Stocks-Part 2 - Protecting Your Yields

Tue, 12 May 2009 00:00:00 -0400

In part 1 of this article, we identified 2009's top 5 dividend stocks, based upon cash payouts to investors. We also asked, "What if you want the yield income from some of these stocks, but you're afraid of a market pullback, or, you think the prices are too high? 1. Royal Dutch Shell (RDS-A, RDS-B) is paying $3.20/share, and currently yields 6.5%. 2. AT&T (T) - Pays $1.64/share, currently yielding 6.4%. 3. General Electric (GE) GE's $.82/share 2009 payout currently equals a 6.1% yield. (The payout will decrease to $.10/share per quarter in the 3rd and 4th quarters of 2009, so the remaining payout/share for the balance of 2009 will be $.51, a yield of 3.8%, or 5.7% annualized). 4. Exxon Mobil (XOM) The annual dividend rate for Exxon is $1.60/ share, for a 2.46% current yield. 5. Chevron Corp. (CVX), has an annual dividend/share of $2.60, equivalent to a dividend yield of 3.8% at the current price. There are 2 ways you can protect yourself from a falling market and still earn the dividend income these stocks. **End Summary** Topics: top dividend stocks]]> dividend income]]> high dividend stocks]]> dividend yields]]> income investing]]> top dividend paying stocks]]> GE]]> XOM]]> RDSA]]> ]]> About the Author: ]]> Robert Hauver, MBA, publishes The Double Dividend Stock Alert a monthly investment newsletter with high yield, low risk strategies for income and value investors. For high yield strategies on great stocks like the ones in this article, visit: www.DoubleDividendStocks.com

The Top 5 Dividend Paying Stocks for 2009

Thu, 07 May 2009 00:00:00 -0400

Dividend income as personal income rose dramatically, by over 200 %, to 6.7%, since 1988. Simultaneously, interest income shrank by over 30%, to only 10.41% of personal income. In the coming years, personal dividend income will continue to increase in importance, as the huge wave of baby boomers retires and seeks income-producing investments. Unfortunately for us dividend yield seekers, our hunt for dividend income has become harder than ever in 2009, as record numbers of companies eliminate or drastically reduce their payouts in order to conserve cash, and sectors we once depended upon for income have imploded. Just when the retiring boomers need dividend income more than ever, the dynamics of this game have changed drastically, taking away some of the key players. The financial sector used to account for more than 30% of the dividend payouts on the S&P, but now account for only 9.6%. All told, financials account for 31 of the 51 reductions and suspensions this year, and not one financial company remains in the S&P list of the top 25 dividend payers in 2009. **End Summary** Topics: top dividend stocks]]> dividends]]> dividend paying stocks]]> dividend yields]]> high dividend stocks]]> top 2009 dividend stocks]]> dividend stocks]]> high dividend yield]]>]]> About the Author: ]]> Robert Hauver, MBA, publishes The Double Dividend Stock Alert a monthly investment newsletter which features strong dividend paying stocks, like the ones in this article, and shows investors how to protect and increase their yields on them. For proven high yield strategies, based on risk reduction and sound research, visit: www.DoubleDividendStocks.com

Safe High Dividend Stocks- A Vanishing Breed?

Tue, 05 May 2009 00:00:00 -0400

How challenging is it for income investors to find safe dividend stocks in 2009? The Wall St. Journal recently reported that, in 2009, S&P 500 companies' dividend reductions and suspensions are nearly equal to dividend increases, (60 increases vs. 51 reductions/suspensions). Compare this to 2007, when there were 129 dividend increases vs. only 2 dividend cuts/suspensions, and you can see why income investors in 2009 face big challenges finding safe dividends, let alone high yield dividends. Indeed, 8 of the Dow 30 blue chip stocks have cut their dividends in the past year, and even the revered S&P "Dividend Aristocrats" group has seen an unprecedented rise in dividend cuts, and an historic lack of increases. Thus far in 2009, this group has seen 5 dividend cuts and 32 unchanged dividend payouts, vs. no decreases from 2003-2008. In 2006-2007, all 52 stocks in this group increased their dividends, and in 2008 their were 41 dividend increases and 11 unchanged. So, where can you go to find a dependable dividend yield? Many value investors start their search with the Dividend Aristocrats, which features companies with 25 consecutive years of increased dividend payouts. **End Summary** Topics: high dividend stocks]]> high dividend yields]]> safe high dividend yields]]> dividend]]> dividends]]> income investing]]> income investors]]> dividend aristocrats]]> high div]]>]]> About the Author: ]]> Robert Hauver, MBA, publishes The Double Dividend Stock Alert a monthly investment newsletter with high yield, low risk strategies for income and value investors. For high yield strategies on great stocks like the ones in this article, visit: www.DoubleDividendStocks.com

High Dividend Yields - An Easy Way To Double & Triple Them

Thu, 23 Apr 2009 00:00:00 -0400

The 1st quarter of 2009 saw dividend decreases outpacing increases, for the first time since 1955. Income investors are finding it increasingly challenging to find safe high dividend yields. Free cash flow is an important measurement in assessing the safety of a company's dividend, as is the dividend payout ratio, which usually gives investors a good idea of how much of a cash cushion a company has after paying out dividends. With the exception of MLP's, LP's, and REIT's, beware of firms that have very high dividend payout ratios. Olin Corp., (OLN), is a good example of a stock with a low dividend payout ratio. At a price of $13.56, OLN was yielding an attractive 5.99%, ($.20/quarter/share), as of April 23, 2009, with a dividend payout ratio of just 39%. An easy way to gain even more yield out of this stock would be to sell covered calls options against it. As an example, using this strategy, you would buy a minimum of 100 shares at $13.56, and then sell the Jan. 2010 $15 calls against it for $1.70/share, which would give you an additional 12.53% yield. **End Summary** Topics: high yield dividends]]> high dividend stocks]]> dividend yield]]> covered call]]> leaps covered calls]]> writing calls]]> highest yield stocks]]> stock dividends]]> high yiel]]>]]> About the Author: ]]> Robert Hauver, MBA, publishes The Double Dividend Stock Alert a monthly investment newsletter with high yield, low risk strategies for income and value investors. For more high yield strategies like the one in this article, visit: www.DoubleDividendStocks.com