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< NRGY pays 70 cents a quarter.>I think

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hercules16   Tuesday, 03/20/12 12:24:00 PM
Re: Gooeyduck post# 275
Post # of 2536 
< NRGY pays 70 cents a quarter.>I think the correct way to phrase that is that NRGY paid 70 cents a quarter last year. I believe they have announced that they intend to adjust the dividend to be more in line with their current cash flows. Like maybe 0.35 per quarter).

I added some ARR (got to love the yield). Somewhat nervous that this one could blow up (ala the mortgage banks that made good money for years on liar's loans as long as real estate kept going up). Good to see some insider buying.

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