Dividend 15 Split Corp II T.DF

DF NAV & dividend

[Adman543]

Hello - first thank you for all your posts, i read all of them.  I've been a long time holder, enjoyed the $6-7 range years with monthly divs.  But TBH this has been dead money for a while now....Now, we have a NAV above 15, is this sustainable, Or, whats a your exist point?  Above $5.00 today!

[flamingogold]

Markets went into a tailspin on the increasing odds of out of control inflation, rising rates and recession. A floor was cemented in October once the FED announced rate cuts were coming in 2024. Sooo, this market will continue to have legs as long as those cuts do in fact land... .we are promised as many as 3. Keep in mind that once rates begin their decline, a lot of "safe" sideline

[oldbrit34]

Well said Flamingogold but I wonder if too much credence is given to these 3 rate cuts. It could be 1/4% each time and I don't think that will have too much impact out here in the real world. Certainly the market will react positively to any rate cut but is the inflation rate we are given accurate. It always seems when I am shopping for any goods or services that the cost increases are way

[oldbrit34]

Oops.....should have said conversation not conversion. Got my hand in the air here and am saying " I promise to read my posts in future before posting "

[flamingogold]

The rate cuts, when they arrive, will most assuredly be in 1/4 pt increments. And the "last mile" down to 2% could actually take years. In fact, the FED has practically admitted that 2% may not be achieveable without a recession and that between 2-3% inflation is the new norm. If this is the case, then we are almost there which gives the FED the signal to start throttling back. As far