RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:@#$%Anschutz wrote: Exactly! This company is generating wealth through dividends. Those that got in early are doing great. Those buying in now are getting in at a reasonable price and setting themselves up for monthly return that by all indications is set to pay even more.
BigJake wrote: DivChase wrote: 100% Return every 15 months. Lol. That's hilarious, thanks for the laugh.
i think you meant 7% per year . Dividend would be OK if this could ever hold its value year over year.
This past year. Down over 6%. Div 7.5%. Delta is plus 1.5% gain. Inflation 3.9%
still a loss after the dividend.
I think what he is saying is the dividend is paying his original purchase price every 15 months. If you got in early this is very possible. I am at approx 14 months with 10x capital appreciation, it really depends on when you bought as to how you feel about WCP as an investment.
As with any oil&gas producer, if you are buying today you have to believe that WTI will stay at these levels for a couple of years. If that holds true there should be no reason why most of these companies should be a double from here. Just my opinion