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

To: Elroy who wrote (13048)	11/3/2012 1:50:16 PM
From: Steve Felix	Respond to of 34328

All shareholders are not the same. Those looking at gains should have sold last week I suppose, where those looking at the income first, can buy here at book value, a stream of income that the company has stated they can support and slowly raise going forward. "We expect that our expenses for this offering will be approximately $350,000" "we’re generating an annualized yield of 13.6% as of June 30. We also hold equity positions and many transactions that can act as yield enhancers or capital gains contributors as such positions generate distributions." There is really no comparison in cost to doing a preferred at say 7% on $400 million.