RE:RE:broke thru 18$ for first time ever....dollardown wrote: There's no justification for the current share price, which is why I sold my position yesterday.
I'll buy back in when it comes back down.
No justification for the current share price? How about a P/E of roughly 15.6 times as compared to an industry average of about 38 times and a 7.4% dividend yield that is amply covered by its CFFO. I'm surprised it has taken this long to get to where it is. Considering how solid the dividend is, I'd think this thing should be trading in the low $20's.
Cheers.