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saturn_five

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saturn_five

Re: None

Tuesday, 02/28/2017 10:01:08 PM

Tuesday, February 28, 2017 10:01:08 PM

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Container shipping sector has taken a beat-down; no surprise that SSW has just cut their quarterly dividend by 66%. ( reduced from .375/share to .125 ) Rough math: @ ~ $8/sh , annual div yield = ~ 6%
Seems possible the common shares are now actually de-risked a bit (?)
I'm long SSW .... hopefully, 2018 looks better.
glta
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