PNM Boosts Dividend to $0.145 from $0.125

by Benzinga Staff
February 29, 2012 8:33 AM | 19 seconds read | Make a Comment

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.

The PNM Resources Board of Directors yesterday unanimously voted to increase the company's dividend payment by 16 percent to an indicated annual rate of $0.58 per share of common stock. As a result, the board has declared the quarterly common stock dividend of $0.145 per share, payable May 15, 2012, to shareholders of record at the close of business April 3, 2012.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.

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