TSX:STB.DB.A - Post by User
Post by
emba33on Aug 05, 2015 10:21am
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Post# 23990315
Buying at $5.36 a share ... hope this dividend holds ...
Buying at $5.36 a share ... hope this dividend holds ...Some of the selling in this stock has to be a concern that the dividend is going to be cut. While Student Transportation can likely afford to continue with that dividend, the market is not rewarding the share price for this premium payout. I'm buying in at $5.36. I looked at this stock for many years and liked the high yield and relative stability the stock price. This year, things really changed. At some point, hoping we can stabilize and maybe get a little value back. Cautiously averaging down. Emba33