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


To: Investor2 who wrote (33248)12/12/2020 11:03:20 PM
From: robert b furman1 Recommendation

Recommended By
Investor2

  Read Replies (1) | Respond to of 34328
 
I'm thinking they have till the Q4 to bump the dividend and still be an Aristocrat.

Stankey is making the tough calls and reducing debt with reduced dividends slightly(deferring dividend increases) and selling non core assets.

Should more than make up the 3 cents less in 9 months. to the price of the stock.

Hopefully that small move gets us to $40 plus.

It certainly has helped Cohu with its suspended dividend. It hasn't been real bad for XOM as WTI goes up and the dividend has been held steady, for more than 4 quarters.

Prudence is always safer and the future is always is brighter with prudence.

While Captaining a fishing boat in the cold waters of Prince William Sound, the nautical maps which were cherished, if the electronics failed always made mention of what "The Prudent Mariner " should do - it was always the best of advice. I always studied them, as I had the lives of 6 people on my boat!

I'm beginning to think Stankey is the tough negotiator and the prudent mariner.

May our ship sail safely into the 40's!

Bob



To: Investor2 who wrote (33248)12/13/2020 12:18:24 AM
From: Steve Felix  Read Replies (1) | Respond to of 34328
 
Following their history over 20+ years, this announcement would have been a raise. Like Bob said though,
they have three more quarters before they would break their annual streak. That's why I said five quarters,
and not frozen. Maybe they mention it on their next call.