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Non-Tech : Income Investing

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To: E_K_S who wrote (51286)6/20/2024 5:07:46 PM
From: FL_Guy  Read Replies (1) of 52115
 
As SOHO continued to pay dividends on their preferred issues and a yield of almost 11%, I'm still holding and I remain optimistic that they will allocate payments toward their overdue amounts. However, with $2 million per quarter and already 10 quarters in arrears, it seems unlikely they will settle this obligation soon. I am hopeful they squeeze out an extra quarter or two payments. Maybe being acquired would be their best option, especially as common continues to struggle.
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