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Old Republic International Corporation Message Board

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  • ori.investor ori.investor Jul 10, 2012 11:09 PM Flag

    Bought more this week

    St Luey

    Good question...is it worth holding on just for the dividend, knowing that it might take 2 or 3 years to work off the mortgage albatross? Well, for one thing, it's not that predictable. There can be good news sooner. No one expected the spinoff news. Granted the spinoff was cancelled, but something else can come along.

    I think the non-mortgage divisions could have faster growth than anyone expects. And a return of 8%+ isn't all that bad while we wait. But I agree, for a fast payoff, this doesn't appear to be a good place. I think I can wait it out. At least for now.

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