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Strategies & Market Trends : Dividend investing for retirement

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To: JimisJim who wrote (24779)6/4/2016 10:52:31 AM
From: Paul Senior  Read Replies (2) of 34328
 
GOV. I own it and have posted on it.

Pro: primarily leases to government agencies. Ergo have to assume renter defaults would be negligible.
Pro: high yield. If leases could be maintained or are long-term enough, seems like it should be a simple enough business to understand/manage with sustainable dividends to stockholders.
Con: Portnoy-controlling family apparently not aligned with small stockholders.
Con: Portnoy "adventures" could destroy GOV's positives -- maybe are again/still doing so.

With stock low enough and dividend maintained, reward possibility imo outweighs the risks of Portnoy's. After all, they are stockholders too. (I assume they wouldn't drive the stock totally into the ground.) Question then becomes, is stock low enough now? My guess...that time was months ago (I added), maybe not low enough now.

I don't see any adverse news coming to drop the stock. (Otoh, I don't see that well -g-.) Stock at $20; I'll guess it will continue to move up to $21-22 level, and good dividend yield maintained. I'll continue to hold.
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