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re: Stocks...

Posted on 4/13/10 at 9:12 am to
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7269 posts
Posted on 4/13/10 at 9:12 am to
It decreased once due to the economic downturn and the shipping industry taking a hit. Pretty much all shipping companies decreased or cut out their dividend at the same time. They post good numbers and I think the shipping industry isn't a bad one to be in.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 4/13/10 at 9:17 am to
Man I can't tell you the number of articles I've read about how messed up global shipping still is, despite the trade rebound. Doesn't mean the stock sucks, just saying, that sector has major internal issues.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 4/13/10 at 9:54 am to
I think he was making a joking reference to your description of the dividend as "descent".
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