05-19-2015, 08:16 AM
Dividend history for TNK
2008 2.79
2009 1.86
2010 1.28
2011 0.63
2012 0.04
2013 0.12
2014 0.12
2015 0.12 (est)
Glad you made money trading, but not a stock I'd consider a DG stock.
An example of YOC for me is ENB. I bought it three times in 2007, investing $11,500. Never bought or sold any since that period (in this account). Have received $5,200 in dividends which were reinvested. So my total investment in ENB is now $16,700. My Adjusted Cost is $22.24 per share and the current dividend is $1.86. My YOC is 8.36%.
Enb dividend history:
2003 .42
2004 .46
2005 .51 (2:1 split)
2006 .58
2007 .62
2008 .64
2009 .72
2010 .85
2011 .97 (2:1 split)
2012 1.14
2013 1.26
2014 1.40
2015 1.86 est
Not all my stocks have done this well, but that's the type of DG stocks I seek and it's the growing income I look for. YOC is important to me as it's the income from my investments I seek, not the current value of my holdings. For those interested check current price or look at its 10 year price chart (compare it to TNK for those who don't think price follows DG).
2008 2.79
2009 1.86
2010 1.28
2011 0.63
2012 0.04
2013 0.12
2014 0.12
2015 0.12 (est)
Glad you made money trading, but not a stock I'd consider a DG stock.
An example of YOC for me is ENB. I bought it three times in 2007, investing $11,500. Never bought or sold any since that period (in this account). Have received $5,200 in dividends which were reinvested. So my total investment in ENB is now $16,700. My Adjusted Cost is $22.24 per share and the current dividend is $1.86. My YOC is 8.36%.
Enb dividend history:
2003 .42
2004 .46
2005 .51 (2:1 split)
2006 .58
2007 .62
2008 .64
2009 .72
2010 .85
2011 .97 (2:1 split)
2012 1.14
2013 1.26
2014 1.40
2015 1.86 est
Not all my stocks have done this well, but that's the type of DG stocks I seek and it's the growing income I look for. YOC is important to me as it's the income from my investments I seek, not the current value of my holdings. For those interested check current price or look at its 10 year price chart (compare it to TNK for those who don't think price follows DG).