That's not a joke.Current AWP price is 7.20/shr.That's a discount of 13%.Meanwhile, I am still expecting a year-end extra or an increase in 2011 monthly divvy.specsit.I am long AWP.
What makes you think they will pay a year end bonus? They have already declared the dist. for the next 3 months. I can say for sure that if they do not pay a bonus to us I am moving on to greener pastures!! GL!
noquit,My expectation is based on the fact that they did so last year.Such actions are more likely when there is a substantial discount from NAV.That said, the market price of my AWP holdings is up 40% from last year.That is a heck of a return to walk away from for a high yielding stock subject to dividend lowering, etc.Can you tell me a high yielding dividend play where ther is not high risk?I'd be grateful!Thanks.specsit.I am long AWP.