To Doc Mike I too am long SSW, as well as several other shippers. I have been concerned about the future of container ships, and am unimpressed with the performance for months. Holding because of the 8%. I had heard that more US companies are doing less outsourcing. Could this be part of the container ships problem. Sorry to post this here, but didn't know how else to contact Doc Mike.
There will be various drum beats from the financial industry, along with denials by the actual companies, until it seems perfectly normal to cut dividends, and it is in the interest of shareholders. Yet there are those who have held on because of the dividend. Think I need a trailing stop on dividends!
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I too am long SSW, as well as several other shippers. I have been concerned about the future of container ships, and am unimpressed with the performance for months. Holding because of the 8%.
I had heard that more US companies are doing less outsourcing. Could this be part of the container ships problem.
Sorry to post this here, but didn't know how else to contact Doc Mike.
Goldman Sachs Raids the Cookie Jar [View article]
Yet there are those who have held on because of the dividend.
Think I need a trailing stop on dividends!
The 20 Highest Yielding Dividend Aristocrats [View article]