tankerman

A Fresh Look at Shipping Company Stocks

I, too, am a FRO and SFL shareholder. Reinvesting dividends has been key, especially since these stocks have such a high yield.

Looks Like Frontline Is Ready for a Rebound

FRO has been good to me, too, especially since I auto-re-invest the dividends. Including dividends, my original investment has more than tripled since May 2005! The beauty of reinvesting such a high dividend yield is that when the stock price dips, you end up picking up a lot more shares. If you believe that the long-term price trend is up, and you have time on your side, this works out well.