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Coffee Holding Company, Inc. Message Board

  • imshirazy imshirazy May 25, 2013 11:18 AM Flag

    Bought back

    Hey yall! Bought back into this stock at 7.14, I like the support at 7 and the steady income, especially as coffee prices start to increase from where they were last time I bought in. Thing is...I never noticed the dividend before, when was it up to 3.3%? A stock with such a high beta/volatility and low share count doesn't need a dividend. It makes no sense considering the stock swings as much as 40% up and down in a year.

    This type of stock definitely does not need a dividend...either way, hoping to cash in on some upswing before earnings and a good entry around 7 I feel is justified :)

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