stock strategy, stock share

[Weekend Summary] Dear Member: My two existing positions Ppl Corporation (PPL) and Nuveen Senior Income Fund (NSL) both ended the week in profitable territory. PPL is up 55 cents (1.8%) since entry and NSL is up abaout 1%. As I said from the beginning, I don't expect a lot of movement from NSL since I bought it primarily for income, but I sure don't mind some price appreciation as well. I added Waste Management Inc. (WMI) and after a brief retreat shortly after I got in it returned to its' uptrend line. While I usually don't buy stock with dividends as the primary goal (NSL is an exception), I often look for stocks that do pay a dividend since that can provide an added benefit while I await a strong move in the stock. I mention this part of my strategy because WMI is set to pay a 22 cent a share dividend to holders of record on June 5th. The payment is scheduled to be made June 23rd. I also expect that PPL should soon announce a quarterly dividend in the 25 to 30 cent a share range. In recent history, PPL has paid quarterly dividends totalling about $1.10 a share. NSL usually pays its' dividends monthly and goes ex-dividend around the 10th. Its' dividend is currently at an annual rate of about 8%. It is best that you check these dates and payments with your broker to be sure, but that is the information I get from one of my broker's sites. I hope you enjoy the holiday weekend. I'll be on call with my county Sheriff as a volunteer Victim's Advocate this weekend so I'm hoping all is quiet. Thank you for subscribing. Bill
Home \| Subscribe \| All Rights Reserved \| Privacy Policy \| Advertising \| Contact Us \| Terms of Use \| Disclaimer \| Links

stock strategy
stock share