Yes, you do. The yield is over 9%. I bought today for the dividend and stock price appreciation, it's way oversold.
NEW YORK (TheStreet) -- The ex-dividend date for Linn Energy (Nasdaq:LINE) is Monday, May 6, 2013. Owners of shares as of market close today will be eligible for a dividend of 73 cents per share. At a price of $38.60 as of 9:30 a.m. ET, the dividend yield is 7.6%.
The average volume for Linn Energy has been 1.8 million shares per day over the past 30 days. Linn Energy has a market cap of $9.01 billion and is part of the basic materials sector and energy industry. Shares are up 8.8% year to date as of the close of trading on Thursday.
Linn Energy, LLC, an independent oil and natural gas company, engages in the acquisition and development of oil and natural gas properties.
That's why the Barron's article was mysteriously published this weekend (or after the Friday close). His last article had little to no effect - a temporary move that lasted less than two days. You've got to give this kid at Barron's a pat on the head for persistence but he was completely discredited last time.