RE:Exciting Two Week Run Up To The $1.00 Dividendi agree 110%
the BCE dividend is SACROSANCT just like the cdn banks.
people / funds buy this stock because of the dividend. I think if they buy ZIPLY and then drop the dividend, the entire management, CEO, CFO etc will be in the food bank line up and they are not that dumb..........this is a widows and orphans stock......my bet is that it runs towards $ 43 by dec. 13, 2024. for a canadian taxpayer, the yield is phenomenal. basically 10.5 % dividend. dividend tax credit brings it to around 14% . buy 1/3 cash, 2/3 margin brings it to over 20%. sell calls against your holdings brings it well over 25% per year.........to me, this is a no brainer.