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re: Is it buy time?

Posted on 6/21/13 at 8:52 am to
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 6/21/13 at 8:52 am to
good ace midnight, you're making a wise decision with september's dividend increase expected to be around $3.75 you just bought a stock that will yield you 4.2% in september.

This same company is finishing up an $18B buyback and is the best performing ARM of the best performing stock of all time(altria). Like I said the spinoff was to release the international growth arm from the united states and the tobacco master settlement where altria pays billions annually to every state.With insane growth in the pacific rim specifically and a growing world population you....

You have just given your heirs millions of dollars if you hold and reinvest dividends for 30-40 years
This post was edited on 6/21/13 at 8:54 am
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89618 posts
Posted on 6/21/13 at 8:57 am to
quote:

You have just given your heirs millions of dollars if you hold and reinvest dividends for 30-40 years


That's the plan. I have to figure out how to turn on DRIP with Optionsxpress, but I guess I have a couple of weeks before that becomes critical - they have DRIP and fractional shares, which is good.

Next up will be MMM or F.
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