In advance of the dividend date, the stock has downward momentum it seems to me. Why? The recent drop exceeds the quarterly payout. What does somebody know or are they just betting on the impact of the continuing warm weather? It was 50 degrees in Northern Wisconsin yesterday-I believe an historic high.
All of this concern about the short term price changes on SPH is of interest only if you are in the stock for a short term trade.
If you are in it long term because it is a slow growth stock with a generous yield, you can ignore that kind of thing. For example, I'm a retired guy who likes stocks with generous yields that grow over time. This is not one of my "superstars", but fits the bill.
"Different strokes for different folks" sounds flip, but it is really profound when considering investments. It depends what you are looking for.
Too many times folks look for easy money without the risk and patience. Unfortunately, in the name of maximizing shareholder wealth, management of many publicly-held companies also try to produce "quick and easy" earnings and that's what's all over the news now. Fundamentals have become passe.
Thank you for two thoughtful responses. I am very overweighted in MBS reits and am paranoid about what I preceive to be the ultimate downside risk. My paranoia carries over to the rest of the securities I own and I forget why I bought them. Bob reminds me. Thank you.