Monday, January 31, 2022

Boise Cascade my favorite call today.

Underlying Security Symbol: BCC

 
Bought a little more Boise Cascade today.  Already had calls on one half of my position.  BCC pays a paltry quarterly dividend (.68% yield) but it tends to also pay an annual special dividend.  In 2021 that dividend was a whopping $3.12 payable in December.  

I was sweating bullets because I had nearly all my shares on call and the strikes were close to the asking price.  Luckily, my shares were not assigned before the ex-dividend date.

Fundamentals include EPS of $14.36, Dividend of $.48 and D/E ratio of .36.

























I am estimating the ex-dividend date based on past history.  If you buy today, you should get the next quarterly dividend.


Data from Schwab.com and Marketxls 

MM MoneyMadam

1 comment:

MM MoneyMadam said...

Very nice to receive a special dividend in additional to call premiums. Makes up for the minimal quarterly dividend.MM