Raised their reg. div from 20 to 22 cents.
Isn't this RR's favorite short where he lost his shirt and sanity and started screaming fraudsters?
It was only worth 7 when they paid .27[15%] and now it was worth 25% more when it pays 25%less.
Probably a book value metric.
Thought 24 to 25 was possible
but at 9.22 striip it to 9 and thts near 10% yield and they deliver on book
seem good at 9.25 to 9.15 for a stab with two short or even too short out of oakland