Breakeven: $23.24/share

Upside Trigger Price: $32.20

Static Call Yield: 8.21% Call Premium: $220.00

Dividend Yield: 5.72% Dividends Paid: $153.00

Total Static Yield (Call + Dividends): 13.93% or 20.95% annualized

Potential Assigned Yield: 13.93% $373.00 on sale at $30.00

Total Potential Assigned Yield (Total Static + Cap. Gain): 27.87%

The 8-month 27.87% yield equals an annualized yield of 41.8%

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 might just might launch 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.