I have 10,000 shares. They will net me approximately $4000 in dividends this year.
As this fund recovers and REITs recover it is probable the the dividend will go back to the 10 cent to 15 cent range which will correspond with a stock price increase to $5-$10 level so the stock trades at an appropriate dividend yield rate.
10 cent dividend in the future will yield $12,000 per year in dividends.
Man what is wrong with you? I did buy @78 and just because you got burn you are wishing the same for everyone else. Learn to play the game you prick LMAO. Fuc your mother and your little sister. I see I can't be nice to you. LOL
I don't want others to end up a major bagholder like you Twinkie. Do you really think you are fooling anyone who even casually looks at this board that you came in at .78? LOL! More like 20 times .78.
If you want to cover your ears and go nananananana when someone says the worst for commercial real estate is yet to come. Be my guest. I certainly can understand your squeeling though, being so deep in the slop and all.
"I bought at 78 cents"
ROTFLOL! You really are a card Twinkle Toes.
all sounds great..IF reits recover. I'm not here to rain on your "dividend parade", but real-estate is far from safe! even if it was...it will be many years before rental rates grow.
I too hold alot of JRS, JDD, and powershares, and would love to see it stabilize, but that is 2 years out IMHO!
I do thing it will get ugly again...so behaps hold off your buys?
I agree, I have 10,000 shares that is far from my entire investment portfolio. However if only a few things break right, those 10,000 shares should provide a very nice return over the years and I am therefore most likely just going to leave them alone and collect a dividend. Usually I buy and sell for short term swing profits.