07-16-2013, 09:04 PM
Nice buy at $86, I would have been all over it except I own enough, about 7.5%. If it had gotten much cheaper I'd have been forced to buy though.
I got my shares at the spinoff and have added to it three times, $56, $64 and $81. Unless the story changes I'll never sell it.
It seems like the last few years the dividend increases have gone 10% - 20% - 10%.....so maybe we're due for a big one. A raise from $.85 to $1.00 would be a 17.6% raise. Looks like they're supposed to earn $5.57 this year and $6.21 next, certainly possible but I'll be happy with 10%.
I got my shares at the spinoff and have added to it three times, $56, $64 and $81. Unless the story changes I'll never sell it.
It seems like the last few years the dividend increases have gone 10% - 20% - 10%.....so maybe we're due for a big one. A raise from $.85 to $1.00 would be a 17.6% raise. Looks like they're supposed to earn $5.57 this year and $6.21 next, certainly possible but I'll be happy with 10%.