...on the NYCB boat divi cannot be increased they earn 27-29 cents per and payout 25 cents. b happy. this is an income payer stock no real growth got into this about 7 quarters ago just collect the divi and b happy glta
It won't increase or decrease. Earnings can support .25 per share. They can't support higher yet.
I own both thru computershare. Lately been buying only NYCB. Just signed up to buy Verizon
the co. just declared a profit that beat expectations.
the market was happy, raising share price by more than 1% on a down day for the market.
it seems like what they're doing is working.
anyway, buying something would probably be seen as a negative in the market as that would make them a SIFI and possibly force a drop in the dividend.
Well, T seems to be doing great, I'm up 6.6% since I bought it 8 days ago.
NYCB has been running radio commercials for several years now with unfortunately the same annoying jingle. Nothing new.
They have been doing radio ads for years in the NYC area.
Perhaps they have just started advertising on Q104.3.
That's probably more about changing perceptions about Q104.3's demographics than about NYCB per se.
I only heard the commercial once but it seemed like encouraging people to come to them for all banking needs and stressed how there are 200 banks in the network
What are they advertising, loans or deposits? I'd guess it's the latter, relating to savings &/or checking accounts, since they really would benefit from a solid increase in their core deposit base. Their reliance on higher cost borrowed funds to finance loans has been a drag on profits for quite a while.
I think that what they really want, but are not willing to do yet since the $50B SIFI threshold is still in place, is to buy another bank that's rich in deposits. In the meantime they'll spend advertising dollars to increase their deposits.
Curious that I heard the commercial on FM radio ! Q104.3! I wonder why they are suddenly advertising when they always seemed so low key. Thoughts?
I bought some T yesterday, just as a place to park cash I don't know what else to do with.
I'm 60 and looking for dividend plays.
The market is high, I''m still in it, but watching close.
I definitely am not complaining about this stock, I just thought at the time that it was a safe bet that the DIV would stay at a quarter each Q for 1 year.
Lol, I like that chart! But the bet wont be settled until they declare the next DIV.
A year ago The NYCB was trading for around $12 a share PLUS the dollar a share dividend Do you want more Amazing What people say Check one more time ITs almost $17