Dave's Dividends Payers

[Scotttrader80]

How many divy payers showed a profit for last Q, not many that I know of yet they still paid their dividends because there corps are set up that way.

Im a buyer in NAP @ $7.00 if they get there. The divy run up could exceed the .4225c dividend. Sometimes that strategy works too.

Take ORC for instance, my average is $9.70, its at $10.17 now, the x date is end of the month where ORC will probably pop a few more pennies. The short term gain far exceeds the monthly .14 cent dividend and they reported a loss for the past 2 quarters.

NAP has bunker fuel prices rising as Winter across much of the globe is closing in. I dont plan on marrying NAP, just date it for a few weeks :)