ENDEAVOR (EDR) you mean, the parent? The dividend is A TOKEN -- just to say they have one. Make it appear enticing to the Institutions, I presume! Although you have to be pretty PISS POOR at your job to NOT read the fine print &* see that the divi is only a token & totally insignificant to SHAREHOLDERS since MOST of that money is going to preferred "bonuses" etc..
REGARDLESS, I've been nibbling back my position BECAUSE although I believe a TEST of $80 is likely & want to grab $7x's, I see value & don't want to miss it if it RIPS!!
Wall St & the stock market tend to have a short memory after these knee-jerk reactions... But STILL I suspect this will go LOWER, eventually.
And yet, I'm NOT willing to be out... If it drops to where I think it will -- I have PLENTY OF FIREPOWER to PLOUGH into this! And will... https://www.nyse.com/quote/XNYS:EDR
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