tankerman how did you set up the auto invest for the dividends .. was that direct through the company in a DRIP or with your broker
thanks warren
On Jun 29 04:07 PM tankerman wrote:
> notsosmart: while I agree that just looking at yield is dangerous, > I'm not sure I get your point regarding FRO. I bought some shares > of FRO in May 2005, in the low $50s, with dividends automatically > reinvested. The stock dropped as far as into the low $30s, and took > over 2 years to return back to the low $50s, but during that time, > the reinvested dividends accumulated a boatload of shares. Including > reinvested dividends, and an appreciated stock price, my initial > investment has tripled in just over 3 years, so while FRO's 18%+ > dividend yield seems scary initially, it's worked out well for those > who've had the patience to hang in there for the long haul... >
Pfizer: Ride or Let Slide? [View article]
how did you set up the auto invest for the dividends .. was that direct through the company in a DRIP or with your broker
thanks
warren
On Jun 29 04:07 PM tankerman wrote:
> notsosmart: while I agree that just looking at yield is dangerous,
> I'm not sure I get your point regarding FRO. I bought some shares
> of FRO in May 2005, in the low $50s, with dividends automatically
> reinvested. The stock dropped as far as into the low $30s, and took
> over 2 years to return back to the low $50s, but during that time,
> the reinvested dividends accumulated a boatload of shares. Including
> reinvested dividends, and an appreciated stock price, my initial
> investment has tripled in just over 3 years, so while FRO's 18%+
> dividend yield seems scary initially, it's worked out well for those
> who've had the patience to hang in there for the long haul...
>