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stockmasterflash

03/15/17 12:53 PM

#6250 RE: Buffet1 #6249

makes you wonder why the company sold them

and bought back common stock paying 1/2% dividend?

doesn't add up
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236T568

03/15/17 2:29 PM

#6253 RE: Buffet1 #6249

So, are you really telling us that you are happy that the company has to pay a 16% dividend on it Series 1 Preferred Stock?

If you are a CETX common stockholder, this is not a good thing



$CETXP, cemtrex Series 1 preferred is giving a yield of 16% based on its current price of $6.35.Can't beat That !!