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Re: towerclimber92 post# 23

Saturday, 10/25/2014 7:43:53 PM

Saturday, October 25, 2014 7:43:53 PM

Post# of 30
Because if it doesn't produce enough income to pay the
dividend it takes the needed amount out of it's operating
capital. It's sort of a Ponzi scheme and they refresh the
money every now and then with an offering of new shares
and somebody sucks them up to keep it going. I've been
in it for years and have reinvested dividends a few times
on big dips but the interest has kept me close to even
before taxes. Good stock to sell in Dec and buy back in
Jan I suppose.
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