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re: Stocks still below 60% of 52 week high with dividends over 5%

Posted on 6/21/20 at 10:20 pm to
Posted by Larry Gooseman
Houston
Member since Mar 2014
2655 posts
Posted on 6/21/20 at 10:20 pm to
BXMT (REIT) - presently afternoon 62.5, but they were sub 60 last week. Yield is 9.82%
Posted by NAsh-vegas Tigah
Franklin, TN
Member since Jan 2004
2328 posts
Posted on 6/24/20 at 10:48 pm to
This is a very good metric for longterm. I am planning to pick up some xom soon. It is on my watch list for sure.
Posted by Ramblin Wreck
Member since Aug 2011
3898 posts
Posted on 6/26/20 at 10:45 am to
Bought some more ET this morning during the market sell off. Dividend rate of return is about 17.5% right now
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41156 posts
Posted on 6/30/20 at 2:16 pm to
quote:

Why is Wells Fargo still so low?


Wells Fargo Issues Statement Regarding the Federal Reserve’s Stress Test Feedback

quote:

Based on these instructions, the company expects its common stock dividend in third quarter 2020 will be reduced from the current level of $0.51 per share. The company expects that the level of the third quarter dividend will be announced when it releases second quarter financial results on July 14, 2020.
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