NEW YORK ( TheStreet) -- With a little work you can find lots of companies that are worth owning that also offer dividends.Dividends can be a wonderful source of revenue, and each dividend payment decreases an investor's risk in his investment.
Dividend Amount: 34 cents
Ex-Dividend Date: June 6, 2012
Beta: 0.48 Strategy: Buy Baxter International stock and offer to sell the June $52.50 strike or lower call for 27 cents over the intrinsic value. Baxter International's coming stock dividend appears to be attractive and worth the time and effort to capture. A requirement I have is that I need to be able to sell a call option in either the front, or first back month, that is in the money, and with enough premium so that I will not object to an early exercise notice (which does happen from time to time, although one can still make a profit by doing everything according to plan).