For what it is worth, the anticipated increase in the discount rate is already built into the market price of many stocks including CMO. I agree, the market is nervous triggered by everything related to petroleum beginning last September.
For me, based on the revenue, income and dividend history of CMO, I plan to stay the course, collect the dividends. CMO management know what they are doing and can cope with change as they have since year 2000..
Are you completely disregarding your investment in the creation of the spin-off REIT symbol CSAL? It has market value of about $20 per share. The planned dividend of CSAL is, per share, $2.40 annually and WIN is holding about 29 million shares of CSAL as an asset..
This is a new game in town. The WIN plan is to reduce WIN debt, strengthen the balance sheet and firm-up the dividend. Time will tell. Meanwhile the dividends are not too bad and hopefully the Market will recognize WIN's and CSAL's values..Just my take on it.
Impossible to tell. The investment is there to collect monthly dividends. If the dividend stream is maintained at some level, we can just wait for the stock price to recover. That could take a few years. A lifetime if Hillary gets in office.
NMM (1) Has seasoned , excellent management with skin in the game;(2) The company has not reduced or missed a quarterly dividend since 2008; (3) The company weathered the stock price decline of 2008 - 2010, only to move to $18 per share until the bust in oil prices beginning September 2014; (4) The next quarterly dividend in amount of $ 0.443 should happen during August 2015, as it has every quarter since 2008.
Patience has its rewards . . . sometimes.
Thanks for mentioning GAIN. I'll look into it. May I suggest DNP for income and preservation of Capital and diversity of companies. We've held it off and on for more than 15 years for income although it's high now in relation to its NAV, if that means anything. I buy it on dips which are much too infrequent..
Also, you might look at Vanguard Healthcare, VGHCX. I wish I'd have it 20 years ago.
BBEP was okay until September 2014 when oil began to bust. It's a merged firm now and I doubt if it recover sufficiently in my target time
frame, unfortunately. Good luck to you!
I agree. Revenue is up over prior periods, net is up, the market value of the stock is DOWN. This may be a great BUY opportunity for income and modest price appreciation.
Just my take on it.
SPH is acquired for the dependable income stream. They sell propane in rural areas and have been doing it for more than 50 years. Most propane is consumed during winter months. Go figure.
If you are looking for rocket science, SPH is not the way to go, but it is the way to go for income, imo.
NMM has never missed a dividend since 2008. The company has paid consistently even during the difficult times of 2008 - 2011. The dividend has been increased ten (10) times since 2008. This says more to me than the writings of a street analyst.