Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: yclept One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 39  
Subject: Re: Why? Date: 9/23/1998 3:04 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
The dividend has dropped the last couple of years (one of them was omitted earlier this year, if memory serves). The stock price has come down along with the dividend, such that the yield has stayed about 15 to 20 percent. This year or year-and-a-half, the stock's been a bad deal, in that it lost more in share value than it paid in dividend, but then, I have quite a few holdings that have lost a bigger percentage of their value, and which pay no dividend -- reckon it's all relative! When it converted from the limited partnership, it paid a whole bunch of special dividends. It seemed for a month or two that they just kept piling more dividends -- old ones from the partnership, special ones from the partnership, new ones from the stock -- it confused me all the way to the bank.

You ask if the stock is a good buy now. It depends upon whether you know that the stock is going to go up, down, or stay the same. If you know, let me know! I would also appreciate knowing whether the sales will pick up and with them the dividend!
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Berkshire Hathaway

Berkshire Beyond Buffett Event
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement