RE:RE:RE:RE:RE:RE:Whopper of a miss.I understand the yield metrics. At $10 they didn't make any sense, given this is not free of risk, as illustrated by the recent earnings.
I just used the Canadian banks as an example. For this a 7% yield is fair if not generous, which puts the share price in the mid $7 range where it is trading now. I understand what you are saying about share price determining the yield as of course that's the case. My point is given what the monetary amount dividend is, as well as earnings, book value etc, the share price should have never risen to the point where it's only yielding 5%. Some somewhat fringe analysts got a little over zealous with their targets and made it happen imo.
Either way good luck, probably an ok buy in here.