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Corrections Corporation of America Message Board

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  • flipper_58 flipper_58 Jan 6, 1999 12:57 PM Flag

    Big dividends

    reality check.

    P.S. HYP is in the middle
    of a transferable rights offering. The Arbs have
    gotten the price down to $7.375(goes ex-rights tomorrow
    of $.375)from $8.50 or a 10-15% premium. A good
    buying time is coming up, they pay $.87/shr. dividend.
    I'm hoping to average a 11-12% dividend yield when
    it's through. If you want to chat about it e-mail at
    the adress in my profile.

    Cheers.

 
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