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Inergy, L.P. Message Board

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  • rankedpsiguy rankedpsiguy Mar 9, 2012 1:32 PM Flag

    Way Down - Now What?

    My long position is at $23.97 average per share. The present dividend rate is 11.8% at that price. I'm for holding now. A 50% cut in the dividend would leave me at a 5.9% yield. That's better than any money market return. I may be waiting a long time to go green on this stock, but I can afford to wait for at least another year.

 

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