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The Empire District Electric Company Message Board

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  • actionjackson647 actionjackson647 May 26, 2011 10:50 PM Flag

    Holding or selling

    decision made. If its still around 19 i will buy 50% of my original shares.

    heres my reasoning
    looking 18 months out.
    I assume the stock will have recovered and the dividend will have returned to its previous levels.
    if it takes 18 months for the divident to be restored and the stock rallys back to 22.50
    I make 18% on the stock plus $1 in dividends for an additional 5.26% that makes my total return of 23.6% in 18 months or 15.7% a year.

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25.89+0.21(+0.82%)Aug 21 4:02 PMEDT

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