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BowlerBob

01/04/18 10:47 PM

#42542 RE: SFSecurity #42541

Allen & TooFuzzy,

I, too, own AMZA, but not enough to AIM. Accumulation will take a while.

Allen, the overnight price drop of about $0.50 was due to the "ex-dividend" date. The actual payment of $0.52 will be made on January 12th, I believe. This same action takes place on the 3rd or 4th day of each quarterly (Jan, April, July, and Oct) payment. The price of AMZA has been falling, but has been a little better the past few months as the Oil & Energy market has gained some recently. My original purchase was at $11.19 a few days before Christmas 2016, so the shares have actually lost more than the dividend has paid. I just recently added another 600 shares at $8.66 because I think the price is "settling down", but I missed the opportunity when the price fell below $8.00 in late November 2017.

The company owns mostly Oil MLPs and supplements the dividends they pay by trading Options, much like you guys are talking about. About 1/2 of the dividend comes from their Holdings and the other half from the trading.

Bob