Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ernest K Brandt who wrote (20802)	9/30/2014 10:26:02 AM
From: robert b furman	Respond to of 34328

Any one on this thread have any stock in GSK (Glaxo Smith Kline).? Pays $2.60 dividend and trading today at 46.02 = dividend yield of 5.6 @ ??

To: Ernest K Brandt who wrote (20802)	9/30/2014 11:52:35 AM
From: Steve Felix	Respond to of 34328

Sold out a little while ago: 09/05/2014 15:44:59 Sold 300 RSO @ 5.4 1,611.96 Part of taking out some high yield in my IRA. I decided I would just hold their preferred. From their last call, book value was up and they seem about to earn their dividend. "In the second quarter, we earned $0.19 of adjusted funds from operations, closely matching our dividend of $0.20. Our book value was $5.24 having earned $0.11 this quarter, as compared to $0.05 earned in the similar quarter in 2013. We are making progress bridging the gap between AFFO and net income. We expect this gap to continue to close as we put proceeds from our perpetual preferred deal to work and continue to leverage our balance sheet to appropriate levels." seekingalpha.com