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Strategies & Market Trends : Dividend investing for retirement

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To: geoffrey Wren who wrote (24144)12/28/2015 7:19:01 PM
From: Elroy  Read Replies (1) of 34328
 
Well, your reason why you think the dividend is likely to be cut is because the share price is low. That's how a lot of people do it, but I prefer a fundamental explanation if possible.

Personally I expect the next dividend move to be an increase. If they can get the quarterly earnings run rate up to 27 cents, why not move the monthly dividend from 8.33 cents to 9 cents?

The strange spinoffs may change that outcome since the uber profitable CLO business is supposed to get spun out, but we'll have to wait and see on those. They shouldn't have announced these spinoff so far in advance (more than a year ago, and the actual event is not even on the horizon yet).

I don't think PSEC is the best stock in the world, I just don't understand a lot of the bearish analysis. For me, if defaults are coming you oughtta sell PSEC here, for most every other reasonable scenario, you should buy it.
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