.09 quarterly div. times 4 = .36 .30 special div declared today = .30 Total of .66 divided by 3.45 price = 19.1%
They have been consistent in dividend payments over past several years. And they have had a special dividend for the past three (.25, .30, .30). They have an increasing royaly revenue stream from Bausch and Lomb, as well as revenues from their own contact lens sales.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.