$2,470 in dividends today. Thank you for the good effort, CLCT. Since I made a straight purchase of the 7600 shares, and did not go short like Beefstu57, all that dividend money goes to my bottom line, in addition to the short term capital gains received to date too. .
I reinvest, but some stock are run up on divy day. Sometimes it is much cheaper to take the cash and buy later at lower prices even adding in the commission. Depends on the amount of work you want to do.
Very nice. I took the cash this time because I think we will settle in for a month or so at about $13.50 average per share, once the dividend payment is noted by the market. As I see it, the price should crawl slowly back to that price, and then boost before the next quarterly cycle.
It will sure be nice to get rid of Beefstu57 too shortly as he pays the dividend as well as covers his short interests. Hahaha This message board doesn't really have room for guys like him anyway.