If you have been watching the gas stocks...SWN, etc. With a 10.5% yield and rising gas prices.....yes they have hedges, but they are bring new gas on monthly and prices are rising setting up for an increase in payout.
Sentiment: Strong Buy
Tradeformon, I look on yahoo it didn't shown a 10.5 yield, are you sure you have the right stock?
the annual distribution is 2.03 and rising; the actual yield depends on the price you pay; just do the math yourself, will ya?
there will be more acquisitions, too, so a growing distribution
and you get 10% while you wait, not a bad deal - beats the #$%$ out of banking in Cyprus
looks like you were dead on in that statement. The company just made another acquisition and up'ed the Divy after the bell today :)
Turns out most of those slippryiot bankers are Russians. Who would have known. There's more to that than meets the eye, huh?