Seek is a current holding in our ASX 100 model portfolio. The stock goes ex-div $0.24 on the 25th of March and adding a covered call option will boost the annualized cash flow to 10%+.
Seek delivered recent earnings slightly ahead of market consensus and we consider the stock an attractive income contributor to client portfolios.
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For more detail on the covered call strategy, please call our office on 1300 614 002.
