Any guesses as to whether we hit 5% on the yield (50$ a share price). I would think this payout was somewhat thought out by the company so that they would not have to turn around and cut it within the next few quarters.
now is the time to strike past 57, yet the overall mkt won't help out!
yeah, but coming back much stronger today...& outperforming the market for a change...
you see....
it seems to toy with us, then quickly drops to lows each time....
Price action much more healthy today.
It is getting ready to ride...
don't worry so much about the current yield as they are bound to decrease the dividends if we continue as we are.
I didn't get it. Did CLF say they pay dividend on dollar amount or in percentage? I don't invest in dividend stock, div is just an extra bonus if stock go my way, what's the point of gaining 4% dividend when your stock lost value say 10% or 20%.
- When company say they pay 4%/sh, if stock is $100 you get $4 divy, if it drop to $50 then you get $2 divy. Unless the company say they pay $4/sh in divy that's 4% but if CLF drop to $50 then you get 8% in divy. I heard of dividend increase but didn't pay attention if the company pay in percentage or by dollar amount.
You should probably invest in CD's.
Obviously you don't get it. A dividend is a fixed $ per share payout/distribution. In our case $2.50/year paid quarterly. This said, it is attractive to dividend seekers as it is yielding in excess of 4% at the moment. As has been mentioned, however, is that a dividend is only as good as long as it is payable. Hopefully this is nothing more than a bear raid. The stock is super cheap and continues to get cheaper and now can be a value trap. I am long and though a bit underwater in my long term position, I like its prospects. My 0.02.