Baxter International Inc (Symbol: BAX) ranks in the top 50% of dividend stocks based on strong fundamentals and valuation. On Thursday, shares of BAX traded as low as $21.605, indicating that it has entered oversold territory, with a Relative Strength Index (RSI) of 20.7—well below the average RSI of 50.3 for dividend stocks.
BAX’s annualized dividend is $0.68 per share, yielding approximately 2.42% based on a recent price of $28.05. This dip in share price may present a buying opportunity for investors looking for higher yields.
