Just make sure you keep up with the earnings announcements and understand their filings. The next earnings release date is May 6th.
So TWO seems solid to me. If it never goes up but just keeps up with a dividend in the 9%+ range I am happy. Is there any fundamental issue that I am not noticing or aware of that anyone would mind pointing me to?
In all, I don't envision this to be a massive winner, but just a solid dividend producer.
This is a buy and hold stock. I'm up 14.5% over 12 mo. reinvesting the dividend. This is a great IRA stock. And it will weather the interest rate storm. Buy on the down turn.
My best trade this year have come from Ultimate Stock Alerts (they are in Google, do a search)
xerocytesteve...I did not "jump in and out"...Like i said i owned this for 3 years re-invested all my dividends and made some good $$$$$...It was time for me to move on I new there was a dividend coming in april...Im no dummy.....As a investor it was my time to get out and move on....Someday i may get back in....But for now i wanted to move on.
LOL......and you lost the upcoming dividend of "everything you own" payable in April.
I made the same mistake too once.......never again.
Unless you're an absolute total genius and have one of them new fangled crystal balls, your total return will be better if you just ride the ATM and reinvest the dividends versus jumping in and out.