Chart pattern for last 12 months looks like a two month wave period.
I got in this spring just before a very good earnings report which the market ignored, then I sold for little better than break even around 32. Checking back every now and then I noticed about every two months it hits a channel high and low. Patterns always break but nobody knows when. Now the pattern is headed down for a few weeks and then back up for a high in late november.
Don't trade this. Hold it for a lifetime, and hopefully a few generations. Let the dividends roll your way, and don't try to time a perfect trade. Be the proud owner of a company that owns millions of acres of timber.
I see that the EPS is $1.14 and the Div is $.88. Both are ttm. Now, WY is a REIT and REITs must pay out 95% of earnings - isn't that right? Well, 95% of $1.14 is $1.08, leaving 20 cents to be paid out. One might assume that this means at some point soon, that 20 cents must be paid out.
Am I missing something? I know there is no way the funds with their huge computers could miss a point of arbitrage, so what am I missing?