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