Great day today, one of just a few stocks I own that were in the...

Great day today, one of just a few stocks I own that were in the green!!

Jamber

You mention: "6.5% yield - 2.75c payable in May"

The 2.75% is just the divvie in May is just for 6 months. There is another due in November, which is normally higher than the May divvie. Normally its 5.8%, last year dropped to 4.8%, I expect it will drop to 3.5% this year. Even a lower drop to 3 cents, will make a full year dividend of 5.75%.

Even on todays close of 45 cents, I make that a "worst-case scenario" yield of 12.8%

Its great safe buying at these prices

cheers