smurphny

Eight Stocks Going Ex-Dividend in October

Have been trying to find something wrong with HTE but have not found anything to warrant the ridiculous sell-off (of all the CANROYs). From what I can gather, it is primarily forced selling from hedge funds and mutual funds and has less to do with the future price of oil or fundamentals. Trading at 1/2 book, hedged far enough out to keep dividend, very steady payout with a good plan to address the 2011 transition. Just bought more at $7.30. I just keep thinking: "If it's too good to be true..." Even if oil really tanks and dividend is halved, it's still a great yield. Upside share price potential from these levels must be better than down in the long run.


On Oct 07 07:18 AM b3rkut wrote:

> thanx murphy, i didnt realize it was .30 per *month*.
>
> What's ur opinion on the long-term dividend stability and the solidity
> of it's financials long-term?

Eight Stocks Going Ex-Dividend in October

.30*12=3.60/11.76(curr... price)=30.6%


On Oct 06 10:33 AM b3rkut wrote:

> I'm a bit confused: HTE's website says the dividend is only $0.30,
> so that works out to a whole lot less than a 19% yield as stated
> in this article (and also on the stock charts on Seekingalpha and
> Yahoo finance)!
>
> So what gives?