RE:RE:Questiontailgator wrote: If? There is a 100% chance they get back to paying dividends. When you play splits you buy when they drop like this, it may be 6 months but you get a 50% return and a healthy dividend payment.
Yep
The thing is that when the NAV drops to the level that they stop paying dividends on the Commons, it doesn't mean that they aren't continuing to collect dividends on their stock ownership. So when their investment holdings tank and they stop paying dividends, the cash from dividends collected over and above what is needed to pay the preferreds is available to buy cheap shares and set the table for the future.