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CBRE Clarion Global Real Estate Message Board

  • snarf63 snarf63 Sep 16, 2008 10:02 PM Flag

    August Div.

    Got my August Div. but it hasn't been reinvested yet. Maybe since the September Div. has been announced they will reinvest August's Div. Anyone else out there with the same situation? I guess with the share price so low we should really keep reinvesting so as to get more shares. Starting to think maybe take some cash.

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    • why would you own this cef if you werent in it for the yield? It was trading at 24 this year and then were you reinvesting??? you buy this vehicle for yield only ,lets hope they dont cut the dividend,I cant get any info on their future plans .Does anyone know anything,because this masacare of price is crazy if they maintain the payout,Im afraid they will cut the dividend for no reason other than the yield becomes too high.

    • Mine hasn't showed up yet. Are you with TD Ameritrade?
      Every month they peddle the same old story, they haven't recieved yet. Been going on since the merger. Waterhouse was much better.

    • If you don't need the cash reinvest the dividends while share prices are low. When share prices are high take the dividends in cash then.

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