Wednesday, November 23, 2011

ESP - 2011 dividend machine declares special income

Dear Income Investors:

          One of our 2011 dividend machines, Espey Manufacturing & Engineering, symbol ESP, was profiled on July 11, 2011 See Original Post.  I would bet that few of you ever heard of ESP before reading this blog.   Currently trading at about $24.00 per share, ESP is a very affordable stock.

          ESP will pay their regular dividend of $.22 on December 22, 2011 if you own it by December 2, 2011.  But the icing on the cake is the extra $1.00 dividend that ESP will also pay on December 22, 2011.  What a wonderful holiday gift.

          Happy Thanksgiving to everyone.  I will post again next Monday.

Very Truly Yours,