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Strategies & Market Trends : Dividend investing for retirement

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the Zwei
To: the Zwei who wrote (23819)10/28/2015 3:06:27 PM
From: E_K_S1 Recommendation  Read Replies (1) of 34328
 
I am assuming that xdiv 11/14 in the amount of $0.51/share is still on. I read nothing that it is not. Also counting on their Feb and May dividend too.

At $66.00/share and the dividends it's a 8% return for 6-8 months. Therefore looking at buying some GAS and treating it like a Bond and/or callable preferred.

When paid the cash, it will be a source of funds for the portfolio to invest in other dividend payers. Notice that the premium for GAS is bigger than for PNY that was announced earlier this week.

Please post if you hear otherwise. FWIW, I scanned both the GAS and SO sites. I did see SO announced earnings today (AM) which missed on revenues. So maybe that is why GAS id down -0.4% today.

EKS
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