04-16-2015, 10:58 AM
(04-16-2015, 08:55 AM)Kerim Wrote: Really nice earnings report from PM this morning. Up over 7 percent as I type this! I guess it makes sense -- that 5 percent yield is huge, and this report provides some relief that the company isn't in such serious trouble, so people want to pile back in.
I thought of you when I checked in this morning. I was going to slowly edge further in to PM as the price has been coming down. I've been cautious with the currency headwinds thinking I can buy it cheaper.
At least the dividend reinvested the other day. My token solace.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan