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warren1961

warren1961
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  • Pfizer: Ride or Let Slide? [View article]
    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...
    >
    Jul 17 10:53 AM | Likes Like |Link to Comment
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