Margined shares carry themselvesOne thing I love about this company is that it actually makes sense to use margin.
50% marginable. Div per share of $.03.
At say and $11 share price and margin interest rate of 4.75% one can net .008229 cents per share owned.
Even at a $13 share price and margin interest rate of 5.5% one can net .000208 cents per share owned month over month.
Above assumes owning the share and relative margin for an entire month and is based on interest rate per month @ int/12 - which will be off by a day or 2 depending on the month.
Either way, divvy pays for shares you could not own otherwise while the overall SP increases.