When people think of "safe" dividends, they tend to envision those with single-digit yields. As we've learned here in Safety Net, however, yield isn't what determines dividend safety. A company's free cash flow, payout ratio and dividend track record are much more important. So today we're looking at a company that has a low yield... but is it hitting the right marks when it comes to our grading system? Introducing Baxter International Inc. (NYSE: BAX)... |
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