WHY Own CIm whn you can Own PBKEF @ 12% w appreciation
If you want a strong steady divy and appreciation as well you cant beat some of the Canadian Oil Companies. PBKEF pays 8 cents a Month trades for like 8.5 and has has 20 plus years of drilling ahead of it. They actually backed off on punching holes until transport costs get lower and still easily cover the divy and grow rev at 10%. This is appreciation waiting to happen when prices improve for WTI and in the meantime you get nearly 12% and are buying at the bottom. I have it in my IRA and it is clockwork Divys. Check it out Id be happy to share more info if anyone is interested
Just wanted to point out that if you have $3180 you could buy 1000 shares of CIM. Yearly div of .09 would give you $360 over 4 quarters. With that same $3180 you could get around 370 shares of PBKEF. A div of .08 per month x370 shares x12 months=$355.
what aret you doing on this board-this for for cim only. go on the pbkef board and spread the word.
also, take a look at cim up 7 cents in early trading today-that is why we are this board have cim in our portiflio.