ITT last increase from .85 to 1.00 for the March 1, 2010 ex-date.
Should be another nice increase next March.
Dip on Friday presented a good buying opportunity.
Other stocks I've got include: HRS, CAG, COP, INTC, HCBK, MSFT & GE (slashed dividend during the recession but looks to have bottomed and back to growing ways with a hefty 20% increase for 9/16).
HCBK had a huge increase a couple years ago but then the recession bit. It is probably premature and can wait another quarter or until interest rates begin rising.
All the others have pretty solid growth though.
Until after the elections next week. If Repubs win as expected then go ahead and hold until December, also buy lots of LMT, GD, NOC & HRS. If the Dems manage to retain seats then go ahead and hold for the juicy dividend and increases. Not much out there growing dividends at this rate!
Well... I never considered that "confusion" factor to have any realtor --- people that actually buy stocks know what they are doing --- or so I thought. Here's a real life story I just found that makes your "confusion" comment a reality. Look at the stock symbol they use for ITT Educ !!?!?!? WOW !!
I'd be VERY curious if others out there have found similar real-life examples of this confustion.
Hi, I have 3000 shares of itt. There is not much option volume or premium. I am stuck about $40,000 in this stock. I sell puts below it to try and get some income and buy extra shares. I have had some stock called away selling covered calls. I think that I will probably get a chance to break even by December. What would you do if you were in my position?