There is an article in today's WSJ (November 14)which mentions the Targa takeover could generate a large UBIT tax - would that impact holders of Targa Resources, or holers of Targa Corp. . .or both if held in IRA?
I agree 100% - your points are pretty much my thinking - that is why I have been buying more. I have owned SNH for about 10 years, so the high dividend yield has essentially paid for my original purchase. People really don't care about dividends they want a quick buck on Tesla, or are scared off because the 10 year t-bill is now paying 2.30% - do you want 2.3% or 10% . . .a no brain decision in my book.
Lost in the discussion about slow Asian markets for AMNF was the note about paying off long term debt in 2017. For those of use who have been here more than 10 years, this is a nice item to see. In this day and age of massive corporate debt (and government debt) it is nice to see a company growing cash. I can't predict the stock market, but if we do slide into recession, being in a strong cash position is where I want to be in a company. Hats off to Armanino management for a well run company.
I often say, that no one wants money anymore - I have held SXL for 7 years now, and with the split have 6000 shares - this puts more money into my pocket than any other investment - what do they have to do these days to get respect!. . .14 consecutive quarterly increases - what more does Wall Street want?