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

To: MCsweet who wrote (38363)	6/25/2010 7:21:58 PM
From: Madharry	Respond to of 78658

seems like par for the course on these bdc-s and dividend enticers. seems like so many companies i have bought into announce them having or establishing a dividend as long term and then make changes within a year after issuing stock or going public. no reason to trust it unless they are required to pay it out in hard cash. I owned psec too but dont own it anymore. I think at the time i perceived it as yet one more situation where mgmt feathered their own nest at shareholder expense.