Username Password
S&P 500: 1,317.11 Change: -0.21%
rjm77me
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : Time to take profit in dividend plays, The smart mmoney has started the exit

Date June 24, 2011    Comments Comments (2)    Rate this post Recommend This Post (52)   
Bookmark and Share
Abuse this post  Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Share ThisShare This

Check out the big cap didvidend play and I see slow errosion. 


I am also taking profit on NLY


I will be buyer after the company declares dividend and wait 3 days to buy again


Please do your own home work

Tags : ING   KMB   PG   JNJ  

2 Comment(s):

Author BearMO     Date June 24, 2011 11:19 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
NLY has done well in good and bad market times. NLY has already declared it's next dividend increase. I think you meant to say when NLY goes ex-div and then wait and re-buy. Keep up the good work!

"NLY - "Mike Farrell, who is CEO... can handle every interest rate hike and every interest rate cut. He's navigated through everything. He even navigated through the worst torture period for this sector and came out smelling like a rose.”
Author rjm77me     Date June 24, 2011 11:22  Edited: June 24, 2011 by rjm77me Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Yes, I meant when NLY goes ex dividend, wait for 3 days and buy again, stock dips additional 30 to 40 cents based on past history. Trading can add another 5 to 10% to ones annual return on NLY
Thanks for adding additional info
I have been a long time bullish on NLY - for last 18 months
Want to comment on this post? Sign up now. It's FREE!
Already registered? Log In.
Sponsored Links