Rocky’s Weekly Stock Picks
This week we’ve got no time for this. Quick, what do we buy?!
Safe stuff. No brainers. And maybe a YOLO or two.
GPP - $12.70/share, monthly options, ~14% return, quarterly distributions. Ex-div likely around early May.
ECC - $11.17/share, no options, monthly distributions, ex-div 4/6. Annualized at 15% return.
VOD -$11.04/share, weekly options, semi-annual dividends, annualized at 8.57%. ADR fees. Price may go lower, but it’s in a comfortable place already for buying.
ZIM -$23.73/share, weekly options, quarterly dividends, 71.88% yield, ex-div 4/4.
Wait, what? How, and why, and why would we even bother? To average down our cost and take advantage of the $6 dividend. We’re not worried about this stock from a long-term perspective.
Also, there’s an editorial from CNBC deriding this company. We’ll buy extra - just to be dicks.AULT.D - $10.83/share, ex-div on this preferred stock was 3/30. Get it at a discount now while you can - the company is buying back 333 million shares of common stock.