Yamana Announces 18% Dividend Increase

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.

YAMANA GOLD INC. (TSX:YRI)(NYSE: AUY)(LSE:YAU) ("Yamana" or the "Company") today announced that the Board of Directors has approved a $0.04 increase in the Company's annual dividend to $0.26 per share beginning in the third quarter of 2012. This represents an 18% increase from the second quarter dividend and a 117% increase in dividends from levels in place a year ago. Effective in the third quarter of 2012, shareholders of record on the established record date that will be determined on formal declaration of the dividend will receive $0.065 per share.

27% profit every 20 days?

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