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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (33552)2/19/2009 3:15:36 PM
From: Grommit  Read Replies (2) | Respond to of 78748
 
I have been buying various pref and common shares. I am waiting on others. I want to see last qtr of 2008, and the fresh outlooks for 2009.

But BDN just came out with earnings. They will easily earn enough to pay the dividend in 2009. Since they cut the div recently (to 1.20 from 1.76), they won't do it a 2nd time. The lower dividend yield is 23.7%. And the even safer pref shares are yielding 18.5%. Crazy.

finance.yahoo.com

finance.yahoo.com



To: E_K_S who wrote (33552)2/19/2009 3:19:37 PM
From: Paul Senior  Respond to of 78748
 
Okay, I'll consider HRPpb's for my IRA as well, EKS. We seem to be testing (and failing) November lows on a lot of stocks. Maybe if I wait a bit, this preferred will drop down back there (under $10) again too.



To: E_K_S who wrote (33552)2/20/2009 4:13:59 PM
From: Paul Senior  Read Replies (3) | Respond to of 78748
 
A fill for me today in the ira for a few shares of HRPpB.

nyse.com