Saturday, March 10, 2012
Dividend Downgrade
For the first time, I've experienced a downsizing of the dividends for one of my holdings. Life Partners went from $.20 per share to $.10. Obviously this reflects the downward spiral of the stock and generally poor prospects. Nonetheless, the price has staged some minor rebounds (probably because the dividend was cut more), and I'm in for the log run as I've already held this stock for over a year.
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