The 52wk range has been from 18.95 - 26.92. Right now, it is a point off of the bottom. So, given that the dividend seems to be holding, this might be a good time to buy. I hold it for the 10% dividend, not the unit price.
EVERYTHING is Obama's fault!!!
The failure of GM to shut down.
The ridiculously low interest rates.
The failure of Citibank and BOA to declare bankruptcy.
The unexpected demise of Osama Bin-Laden.
The loss of one single life to Ebola in the US.
Obamacare, which has insured all of those deadbeats who were previously not paying their hospital bills.
All of those new jobs that have appeared since 2008, when he came into office.
Yes, has has really messed up this country.
I always wonder when people who are supposed to be really smart (Cook) appear to be REALLY dumb! Like I said, Apple can now pick up the pieces for a song, because they are probably by far the largest creditor. They will almost certainly be the first in line (Sorry shareholders, you will be the last in line).
There is an old tale about the "Rainbow Man", who appeared one day out of nowhere and promised a huge business opportunity if only the company would commit to their wishes. The company place all focus on the "Rainbow Man", forsaking all other clients. They hired new staff, expanded their operation, all in anticipation of this grand new opportunity. They handed the proposal to the "Rainbow Man", who took it, and was never seen again. Needless to say, the company, having lost all of its other clients, quickly went bankrupt.
This was a one trick pony with one customer, who had them tied up with a huge indebtedness. Apple held all of the cards, and the only risk that Apple had was a $439 million pre-payment, which to a 621.91B company, is .07% of their market cap, and 1.7% of their cash. A drop in the bucket (and a very small one at that), when you consider that they can now pick up GT at the BK for pennies. Talk about having your cake and eating it too!!!
If you like regular dividends, look at PGP and PHK. Both took a hit in price when Gross left, but the div. has not changed. Might be a good time to buy at the lower price.
Looks just like G.E. to me. They no longer innovate, the just buy out their competition. "If you can't beat 'em, buy 'em."
New York City will ban #6 heating oil by next year, and Westchester is also considering a ban on both #4 and #6 heating oil. In case you haven't' noticed, almost every building in the City that hasn't already done so, is switching to natural gas. Guess who the winner in this will be?
Gas is cheap, so alternative energies will be less attractive. Just like before...and before...and before.
Interesting that Yahoo normally publishes the monthly dividend declaration on the Press Releases link, but this month, they did not. I went to the PIMCO site, and the dividend seems to be intact.
Declaration Date 10/1/2014, Ex. Dividend Date 10/9/2014, Record Date 10/14/2014, Payable Date 11/3/2014, Distribution ($/share) $0.18335
They were gambling with "other people's money" (specifically, yours). Remember that when GT sells stock shares, they get to keep the money, even if the company fails.
Yeah, but the shares that you buy today will be voided tomorrow, and will therefore be worthless. There may be a re-issue AFTER the BK is resolved, but I fear that the current shares will be worth nothing.