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iStar Financial Inc. Message Board

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  • genetuck genetuck Mar 16, 2009 11:08 PM Flag

    Sweet dividends

    I wouldn't do that, but I'm 72 years old and probably have a lot less time than you to recover from a disaster. However, I certainly wish you luck, because I sure have a large percentage of my investments in SFI common and preferreds E and G. More than half of it is in the common. As for the preferreds, at 63% a year, it doesn't take long for the dividends to pay off the stock purchase price. It's amazing that they are still so cheap. And of course the common could double, triple or quadruple in a hurry.