If it makes it to the $19.56 52 week low, perhaps it may be worth picking up as I do not think there is going to be any Dividend reduction and it is KKR who have been around forever and all they do is "COIN MONEY." It will be back irrespective of what Yellen & interest rates do.
Looks like September and October are the down months for OZM and some time Late Oct/early November everyone starts jumping back on the wagon anticipating the Large Feb dividend income distribution. Therefore, looks like all longs will have to "hang tight," endure a little pain, collect a mediocre November Dividend and hopefully ride the high tide in December and January anticipating the big "POP" dividend in February. Hope it at least plays out that way worst case.
TICC is considered to be one of the better BDCs in the industry and being 30 days away from a nice .29 dividend seems strange that the stock seems to be in a downward pattern in a time when it generally at least trades flat or starts on a mild upward move anticipating a nice dividend coming in the next 30days. Wonder whats up? (or should I say down)
LNCO & LINE coming closer together. like someone said: unfortunately, LINE coming back to LNCO and not the other way. Great for LNCO and maybe we can take over the lead.
Down 2%(-.25 to _.28) day before XDATE(.17 qtrly divi) and this is usually the smallest quarterly dividend of a 12 month dividend year(probably .25+ in November and $1+ in Feb based on past experience), so better things to come. Hard to pull a trigger on a down day, but usually a good buying opportunity on a sound stock that pays a reasonably good dividend (currently about 13% annually yet inconsistant per qtr and usually half of the annual dividend is paid in February) which has averaged 9% for the last 5 years. A top performing Hedge Fund that is only getting better. Obviously some profit taking going on today as OZM is up approximately 3% since sometime last week and short termers cashing in on quick small profit.
Here we go boys and girls. End of the day trading and appears there may be some end of the day speculation on good news tomorrow announcements and experience and/or positive things to come.
Based on sister LINE's numbers today while not overwhelming, it doesn't appear anything too terrible is in the cards and with all the other what appears to be previous positive news, I choose to think we may be in for a positive surprise tomorrow. Glass half full approach, but hey, if I am wrong we are still in good shape with a very secure dividend now and looks like MGMNT is doing everything they can do to keep it secure foe a long time out. We will get a stock value increase(POP) one of these days, and I am the least patient person on this board. Pay Day week form Friday which will be Friday 8/15. Somrthing to look forward to.
The activity on this board has certainly halted, but one can understand why. Hopefully, we get some good earnings news soon to create something to be excited about! Otherwise, just be satisfied the divi is safe and sound and we coast on to the end of the year between 29 and 30+. Have a great week end as I am headed to Florida for the week!
DOWN until earnings. That will tell the tale Mean while, just have to settle for the dividend which is at least safe. maybe we see some share price increase next JAN and FEB.
Unfortunately, with few exceptions BDCs not in sync with rest of market today. I guess we have to wait for closer to the September X date before we start seeing any uptick in TICC. Was hoping for some positive news that may give us a lift before late August or early Sept.
I hope the same thing you do for the 32-34 range, but been told we better not hold our breath and simply enjoy the dividends, which I plan to do and have been doing as i have never seen 32+.
No day trading for me either. I have a full time job in other area that keeps me busy. In LNCO for the extra income and obviously peek too much as to the daily stock price. Just keep hoping that one of these days when I peek it could be in the 31+ to 32 range for once.
Yes, 10% is certainly fine and no complaints from that perspective. When I see other stocks/MLPs trading at higher levels and paying less dividends, I certainly am guilty of not appreciating what we have in LNCO. Never hurts to wish for a higher stock value, but I certainly understand your point about the 10%.
What will it take to get this stock to trade consistantly in low 30s? Do not understand why it is not there now. VNR pays less dividend and yet seems to hang out in the low 30s between dividends. Does anyone think there may be a divi increase prior to 2015 or even then(2015)?