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Olin Corp. Message Board

bully4u2 3 posts  |  Last Activity: Mar 15, 2016 7:03 PM Member since: Jul 28, 1999
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  • Reply to

    Div .23 Cents !!

    by rara81189 Mar 15, 2016 4:44 PM
    bully4u2 bully4u2 Mar 15, 2016 7:03 PM Flag

    You have posted several infantile, idiotic posts this afternoon. The late Rodney King had a higher IQ than you do. I have two words for you and they are not Happy Birthday.

  • Reply to

    Div .23 Cents !!

    by rara81189 Mar 15, 2016 4:44 PM
    bully4u2 bully4u2 Mar 15, 2016 5:42 PM Flag

    When I purchased this stock in 2011, the dividend was 40 cents per share, and the yield was 16%. Not only do I have a significant 23% decrease in the price per share at today's close, the dividend is now nearly 43% lower, and I have a yield of 9.2%. Definitely one of my poorer investment decisions. I have kept the stock thinking that performance would improve. My mistake.

  • Dividend reduced by 18% from 28 cents to 23 cents. As if the major drop in price per share over the past year has not been bad enough, now we suffer a major dividend reduction. On 7/25/14, this stock closed at $13.17. Today, it closed at $8.82. For the past FIVE years, the dividend has been 28 cents per quarter. I can't wait to see how much lower the PPS goes tomorrow.

OLN
22.41+0.67(+3.08%)May 25 4:01 PMEDT