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Bullboard - Stock Discussion Forum STUDENT TRANSPORTATION INC 5.25 PCT DEBS T.STB.DB.A

TSX:STB.DB.A - Post Discussion

STUDENT TRANSPORTATION INC 5.25 PCT DEBS > Congrats to all the longs
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Post by jammo71 on Feb 28, 2018 7:57am

Congrats to all the longs

Nice to see the payoff - wish I'd held on a little longer, but I can't complain. The stable dividend made it wicked easy to buy the dips and sell the peaks, so I've done well over the years.
Comment by amugsgame on Feb 28, 2018 8:45am
Has been a nice ride. Bought a few years ago and collected the div while riding this up. This bump is the icing on the cake and helps the wounds of some of the dogs I've had ...ha ha.   
Comment by seanatis on Feb 28, 2018 9:14am
I've held this stock for 8 years. Will be sad to see this stable dividend go!
Comment by tfbhg102938 on Feb 28, 2018 9:40am
man, i did some serious research with 5 pages of word documents yesterday just to find out at the end of the day it got brought out...:( well, fcked!!!
Comment by finginny on Feb 28, 2018 10:19am
I feel the same way a bit. The premium is OK but I could have earned that in 4 years and my plan was to keep this very long term as income.  Having said that, anything can happen to a stock in 4 years. So I have already sold it.  I now have to decide what would be a good equivalent to invest in.... Looking for something boring, stable with a 7%+ dividend, ideas welcome.
Comment by tfbhg102938 on Feb 28, 2018 11:00am
check DIV. i brought it when it was $2
Comment by crashvegas on Feb 28, 2018 11:47am
Also HOT.UN, 9.2% dividend. Good for RRSP's because I think it's U$.
Comment by finginny on Feb 28, 2018 12:09pm
Thanks, already have a bunch of HOT.UN ... really undervalued, think CEO said he wants to be paid in units this year because it so cheap. 
Comment by mrolivedrake on Feb 28, 2018 11:07am
It has quite a bus ride. Ive held this through thivk and thin for so long i can't remember. Over time i accumulated a fair stack in RRSPs, RESPs, ATSVs and pontificated on here last year that i couldn't understand why someone hadn't bought them. Ill be sad to see it go. Can't think of another place that is recession resilient and pays 8% (10.5% on my average cost) and allows you to ...more