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Strategies & Market Trends : Dividend investing for retirement
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From: Steve Felix7/9/2007 5:37:01 PM
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Sold 500 PVX today, used those $$ plus some cash to buy 300 RAS.

Although PVX looks like it will go back to at least $13, I thought the confidence of RAS raising their dividend shows that the analysts may be right in raising earnings projections.

RAS currently about $2 above book value, in an unloved sector, paying the higher dividend, even before foreign tax is taken out on PVX.

Must admit, I hated seeing the tax taken out monthly before the dividend was deposited. Seemed to defeat the purpose of a non taxable account.
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