Thanks for the informed, intelligent reply. Obviously, I should not rely on Yahoo's Insider Transaction info. I still don't get the smart #$%$ answers by others on this Board. Maybe they don't have an answer, but feel
compelled to say something.
Hey Guys, I'm not here for smart #$%$ replies. How about some intelligent comments from you if you have any knowledge. Maybe you can explain to me what this means:Jan 31, 2015 FROST PHILLIP MD ET ALOfficer 906,146 Indirect Disposition (Non Open Market) at $11.62 - $11.78 per share. 10,602,0002
About 8 months ago I had a large long term position in BGS. I like the company and the management, and they own a lot of stock themselves. A 5% dividend would support a $27 price, and I can wait 12 months for them to get over this bump in the road. If they were without problems, there would not be an opportunity to buy a good company with a good yield.
OK, let's say that the Fed raises interest rates. Other than the irrational fear, and knee jerk reaction of the "Market' why does it matter when HCP is paying 5% plus in the form of a dividend? How much will a hike from the Fed impact HCP's cost of capital?