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

To: E_K_S who wrote (50489)	1/2/2013 5:34:21 PM
From: upanddown	Respond to of 78476

VOD does look like a good value here. I'm short the Apr 26 puts thinking that if I get assigned, I will still collect the next div in June. VOD has actually paid close to $1.50 the last couple of years in two unequal dividends in June and Nov with June the big one. At $25, the yield is close to 6%. One problem with VOD is the unpredictability of the div from Verizon Wireless. It has been a difficult realationship with VZ since they control 55% of Verizon Wireless while VOD has 45%. VZ can call the tune on Verizon Wireless dividends while VOD, for its own planning purposes, would naturally like predictability.