I have owned ARLP for some time. Granted, it has been out of favor and I have not made a lot of money. However, it has paid a steady 8% dividend and I have written covered calls against it. For example, I wrote a covered call at 40 for December. Between the covered calls and the divy I have managed to eak out a steady 12 to 14%. So, I will probably keep it and write another covered call in December. It will be at 40 and out a few months.
Looking for Out-of-Favor Stocks [View article]