I bought this stock along with GR_MN, RM_CF, SA_N and FL_Y=(babcock & brown at that time) back in 2009 after the market crash. I was just looking for dividend payers that were way undervalue. STB at the time had been ran down till the dividend rate was ~11% so I bought it along with the others that weren't quite as good. They were all set so dividends automatically reinvested. Since then I have sold GR_MN & FL_Y as they both had pps gains and FL_Y quit paying dividends. Out of the 3 remaining SA_N huge disappointment, RM_CF good divy little growth. ST_B has been a gem. It pays dividends monthly and I have watched as my position has increased every month to ~50% more than my original and the pps has basically doubled. It has returned more than almost every mutual fund in my IRA. That said I think with the Trump effect on the market this year the mutual funds will probably do better. Best long term hold (10+ years) I've had. Today in my opinion it's just become a straight dividend play as the companies growth is very slow.
This is all just my opinion don't take my word as any advice I'm no Warren Buffet. LOL
WOW i looked this up today and here it is, I've been long for years, thanks for starting the board. Probably won't be much activity here as most peeps only trade pennies and yes this is a dividend machine. Just sit back and watch it come in monthly!