TSX:STB.DB.A - Post by User
Comment by
jammo71on Aug 17, 2015 9:18pm
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Post# 24026335
RE:A few questions for the regulars ...
RE:A few questions for the regulars ...In response to #1, the idea of a dividend cut because the market is pricing it in is certainly not a rarity, but consider the history - STB has not reduced their dividend, ever. The price has been significantly lower that today's prices and the dividend stayed the same. So it's possible they'll reduce it now, but the track record indicates they won't.
In response to #2, a trusted advisor recently commented that he can't invest in this market because "it's basically a casino".
Who dares, wins. To the victor go the spolis. When there's blood in the streets, buy property. When others are fearful, be greedy. Take your pick, this is where I think we are.