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Post# of 110055
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Elroy Jetson

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Elroy Jetson

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Re: cgavin5 post# 76758

Thursday, 07/19/2018 2:12:27 PM

Thursday, July 19, 2018 2:12:27 PM

Post# of 110055
Using FUN as a specific example, during the last recession the limited-partnership amusement park operator summarily slashed their dividend to $0.25 annually.

This cut their 6% dividend yield to less than 0.4%.

So it's not like you continued enjoying a nice dividend during a downturn while the stock price tumbled.

You should be looking for firms that don't have a history of suspending their dividend during a downturn.

We've run out of other people's Social Security taxes needed to subsidize our low income tax rates.

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