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  • brlundin@sbcglobal.net brlundin Sep 13, 2011 10:27 PM Flag

    LAST CHANCE FOR 80 CENT DIVVY

    The last 4 div. add up to $3.74, Dec. 2010= .97
    3/18/11= 1.00 6/15/11= .97 9/8/11= .80
    Maybe the money from the new stock is not invested yet and will make up the diff. to 3.88 = 1.11 for 12/11

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    • Add the dividends up for the previous four quarters and compare what that looks like as a percent of the current stock price, or the price you bought it at, to get real comparators of yield on a percentage basis.

      Sell covered calls immediately against new position for a half buck for two to three months for additional "yield" if you can't stand the thought of selling.

      Why people in at $16.50 wouldn't sell at $19 baffles me, because you always can get in lower, or at least sell a $17.50 and $20.00 call option for downside protection or additional yield, adds to my befuddlement, but I gave up trying to understand the buy and mold crowd a decade ago in a market that stopped rewarding buy and hold in 1999.

 
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