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Non-Tech : Income Investing
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To: Elroy who wrote (52056)11/11/2025 8:57:49 AM
From: kgr1137  Read Replies (1) of 52115
 
Re: I bought some of this one after hours for $23.62.

All other things being equal, you can probably expect a slow erosion in share price as the double dividends are paid out over time. Of course, the fundamentals of the company have to be factored in. The fact that they can now afford to catch up, shows the strengthening position, which is corroborated by recent earnings reports. This could offset some or all of that decline. 8.75% qualified yield, paid monthly, is already attractive to many in a declining interest environment.
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