RE:RE:RE:RE:Paid "TODAY" JULY 15th :>))I didn't helpmprove your point at all Risky....if indeed you even are trying to make a point.
As for significant capital gains.....300% on WCP in a single year - I for one call that significant.
By next year I will have doubled that gain, for 600%
On top of that 30% in dividends - and that is IF they don't increase - which they will.
Some like you are short sighted, and that is OK. the WCP dividend was reduced with Covid. the TOG dividend was reduced with covid. they are now combined, and a cash flow powerhouse.
As for 'the trade' going against me. I'm smart enough to know how to invest. I'm also smart enough to know that WCP payed a dividend throughout Covid .... Yes, a "regular, reliable dividend" throughout Covid.
So dividend each month; upside with capital gains.
WCP is beauty to the eyes....
riski wrote: You are proving the point I am trying to make. These junior O&G investments are about capital gains. Significant capital gains at the risk of significant capital loss if the trade goes against you.
Hunkering down to collect a dividend in junior O&G is a foolish way to invest in this sector. Pretending the minscule 0.2% monthly dividend is important when the stock price fluctuates double digits in a month is kind of silly. If an investor is looking for a steady widow and orphan stock that pays a regular, reliable dividend, this is not the right sector and not the right stock.
It's basically the complete opposite.
2021Gamble wrote: I for one am happy for the dividend. The beta is just gravy when you buy at $1.31....
so, while I know the current yield is 3.690% at 5.285 as I type this, on the shares I purchased last April, my ROR is doing just fine.
The dividend is giving me an extra 1.2% monthly ROR or 14.9% a year. The capital gains are a bonus.
riski wrote: Celebrating a 0.2% dividend payemnt on a stock that is down 20% in two weeks is truly a mystery. There are lots of stable dividend payers to invest your money long term in throughout the world. Yet you have chosen the highest beta industry to collect dividends?
There is much volatility in O&G, and the name of the game is watching the trends and being nimble. Forget about piddly dividends that share price losses will dwarf.
TimeBuilder wrote: NICE In 3 accounts as a LONG term Investment