Old Man, I think you are in desperate need of an enema or perhaps a hot colonic... Shaddup!
Wall Street scared them into over selling KSS. Wall Street always over does it on the downside. Kohl's was full of shoppers this weekend. If I was in Sears or Penny's I would worry they are the next to fall and guess what KOHL's will do more and more business once Sears and Penny's are gone.
WOW what a deal you are getting paid over 5.6% dividend
Sentiment: Strong Buy
CHEWWBACCAAAA MASKSS!!! this is goin up! BUY the news!
You're correct. Not a good stock to own regardless of divided payment because of Amazon and other online retailers. One of my bad purchases but good to make learning mistakes sometimes so you can undertstand decisions that cost you. I think this stock is ultimately headed into the 20s by next quarter. But, if I break even im selling the stock. Just too many negatives outweigh the positives.
More like 5% since you bought your first batch over 40 and second batch at 35..so your avg basis is 37s to 38s? Also it's 50 cents each quarter ie a little more than 1% not 6% each quarter.
I am getting paid almost 6% in dividends with Kohl's and Kohl's goes ex-dividend on June 6 2016.
When the cheerleaders such as oldmanstockpicks stops cheerleading and have lost faith, that's when it's time to buy Kohl's
Hope it just bottomed and we go up from here ... time will show .. nothing is 100% for sure in this market!!!!!
I own khols stock but retail is dead. I have to either 1] wait until I break even and dump or two make some good plays to make up the difference between my loss onkohls. But i would think long and hard before i go into brick and mortar retail again.
You would get paid over 5.5% dividend as KSS goes higher and HIGHER
GREEN GREEN GREEN
Right, I took a very lazy approach, and multiplied the interest expense by 4 and divided by long term debt. Perhaps that interest # is loaded with something else. Anyway I'm very bullish on KSS at these levels. Glad to see you prove me wrong. Next time I'll actually look up the details in the SEC filing as you apparently did.
The highest coupon the company pays on its long term debt is 7.25% and that bond has the lowest principal amount outstanding.
Here is the breakdown from the 10K (coupon rate and principal amount outstanding):
I didn't include the maturity, but it's all very long term debt.
KSS appears to be paying about 10%+ annual interest on their long term debt while purchasing shares at the same time. The stock needs to appreciate 11% per year just to breakeven. It seems like retiring the debt would be a wiser choice to maximize shareholder value.
Running out of time to get your shares of KSS on the cheap, Going to go Green
Time to get that 5.6% dividend payer, before Wall Street steals all the shares
If your retired you are going to need the over 5.5% yield . It will go a long ways if you are retired. 10 year is paying less than 2%. The goal for anyone that is retired should to be getting good companies that when Wall Street beats them down 2/3 or more and they are paying 5-6% dividends it is time to start picking them up. My goal is 20-30 companies that pay 5-6% on my money and if they run up you can sell calls to make even more money. Time to pick up some shares of KSS, M , GM or any other 5-6% dividend payers you want