EDV is the Vanguard Extended Treasury note ETF and function somewhat as a short or hedge. It's current yield is about 3% and at the end of the year it distributes the Dividend as well as Capital Gains. Since 2009 the 4th qt distribution has ranged from $1.37 to over $12. As this market explodes EDV drops and I added some today. I find it rather interesting, take a look for yourself.
The above post should have said RS for reverse split and not RO. NRF current yield is 15.1%. NRE is the European REIT and its first Dividend equates to a 5.4% yield. Both are down due to anxiety of the complicated Reverse Split and Spin Offs. I would not be suprised to see them recover going into ExDay and sell off going into a Fed announcement but very little works like you think it should any more.
NRF declared a Dividend of $0.75 with ExDay of 11/12. NRE declared a $0.15 with a ExDay to be declared prior to 11/30. The total Dividend is $0.90 but with the RO and spinoff the Dividend is equal to the previous $0.40 Divy. At any rate there was no Dividend cut as some as speculated.
I sold a Call to early on some shares and might buy a Put Friday if it's still climbing. My midstream MMP is actually doing better than XOM, will also consider selling Call and buying Put on it Friday. They both might be jostled a bit this December with tax sell off and the Fed announcement. But there no way to tell what will happen next in this screwey market.
IMO a DRIP program is good for someone who is a long term investor ,100% invested and does not trade or pay much attention. Personally I like to add some on the low instead of the high. To each his own !
MMP has a very good earning report and has issued record guidance for 2016. At 10am up 3% to $66.66, $70 looks like a easy mark even with some profit taking. MMP might be the midstream to have in your portfolio unless of course you don't want a MLP in your portfolio.
In my Fidelity account the NRE shares have a basis of zero ,while the NRF are deer red because no basis was assigned to the S.O. Shares. This is the first spinoff that I stayed in for so not sure if that is S.O.P. But I feel it might lead to more tax selling of NRF shares.
Why worry about short sellers? They follow weakness much more than create it. I do think the December tax sell off , Fed announcement will be a downer and a good time to buy. If I did not have the cash to double down in December I might be looking to sell half on the next Dividend run up.
Nrf-wi was for those who wanted to trade pre split shares. If you held Nrf you now have half as much NRF as before the RS and some spinoff NRE shares. Are you better off ? Wait and see.
With RSO/B jumping to $17.55 it still dirt cheap priced for a RSO BK which does not look even remotely close. The price should be traveling in a $23-$25 range. During the last interest rate scare in 2013 it hit $21ish during the December tax sell off.
You seem to be having a problem figuring out why your trading account is in a shitcan. Many like myself were in many major oil stocks but when with the price drop we retrenched to the biggest and the best XOM. I plan on staying long and selling Options. If it goes way high i will buy a Put for downside protection. Try some of the other weaker players if you wish,
I sold a end of the week $114 Call on my QQQ for $0.85 so I might sell for profit or Get some cash. SQQQ deep underwater, so far worst trade of the year.