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LRR Energy, L.P. Message Board

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  • palmspringscopper palmspringscopper Jan 25, 2012 4:25 PM Flag

    Drop

    Wrong....No $1.90 distribution declared. The correct amount just reported is $.2323 cents payable Feb. 14th Your going to wait for the rest of the year for the whole $1.90

    • The dividend announced was a pro-rated amount covering approx 1/2 of a quarter. LRE expects to distribute .475 per quarter or 1.90
      annually at a minimum. These spin-off LP products are all volatile on a daily basis.
      Perhaps investors were hoping that more than the
      minimum would be paid. I just watch them move up and down and try to buy at a low point, preferably below the IPO price, and sell if they hit a 35% or so premium to the IPO price.
      These type investments should be for long term
      income type investors but the velocity up and down is so great that one can get appreciation worth 3-4 years of dividends and so it makes it hard not to take the profits at that point and
      wait for a reinvestment price.

 
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