Baxter Dividend Provides 1.1% Yield


27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


Baxter International Inc. (NYSE: BAX) disclosed Tuesday that its board declared a quarterly cash dividend of $0.13 per common share. On a full year basis, this represented $0.52 a share. The dividend offered 1.1 percent yield, which was lower than the five-year average yield of 4.30 percent.

Baxter said this cash dividend would be paid on October 3 to shareholders' name appearing as of September 2.

The company boosted its quarterly dividend rate by 13 percent in May reflecting its commitment to returning value to its shareholders. The company indicated that it targeted an annual dividend payout ratio of approximately 35 percent of adjusted net income.

In the latest quarter, the company's dividend payout ratio was about seven percent, which was lower than the five-year dividend payout ratio of 73.0 percent.

On Tuesday, the stock traded down by 1.07 percent.


27% profits every 20 days?

This is what Nic Chahine averages with his options 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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