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Nice Stock Gain
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<blockquote data-quote="MattM" data-source="post: 4859765" data-attributes="member: 53192"><p>This was to be expected. They tend to stick to the same dividend for the year.</p><p></p><p>$1.02 dividend announced despite the stock being up 20% since 3/31.</p><p></p><p>We were getting back $0.96 when the stock was $90. Now it’s 6% higher with a price some 230% higher. Next year If this stock price hovers around $200, we need a $1.50 dividend or bust. The 4% dividend yield used to be respectable. I think it’s down below 2% now.</p></blockquote><p></p>
[QUOTE="MattM, post: 4859765, member: 53192"] This was to be expected. They tend to stick to the same dividend for the year. $1.02 dividend announced despite the stock being up 20% since 3/31. We were getting back $0.96 when the stock was $90. Now it’s 6% higher with a price some 230% higher. Next year If this stock price hovers around $200, we need a $1.50 dividend or bust. The 4% dividend yield used to be respectable. I think it’s down below 2% now. [/QUOTE]
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