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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Steve Felix who wrote (10289)11/2/2011 6:25:17 PM
From: chowder  Read Replies (1) | Respond to of 34328
 
I can't blame you for keeping PSEC even though they cut the dividend. According to your monthly review, the yield is still above 12%. The opportunities to replace that yield with something of equal or greater value, that continues to increase the dividend, are probably non-existent. Ha! That makes it a hold if it were me. I don't own them.



To: Steve Felix who wrote (10289)11/3/2011 3:05:01 PM
From: Bocor  Respond to of 34328
 
"Do you still have a good comfort level with PSEC?"

never stepped in. Felt better adding SDRL and SCCO after they were both hit so hard, and the yield on both is fine with me! SCCO may be a trade for me; clearly and obviously a volatile stock with some risk down the road, so if I get a decent pop, it might be gone. Otherwise the dividend pays me to wait.



To: Steve Felix who wrote (10289)11/3/2011 3:56:49 PM
From: Sergio H  Read Replies (1) | Respond to of 34328
 
PSEC is one of the few stocks that has a higher dividend than PE ratio.

This may be the reason that insiders are buying.

finance.yahoo.com