SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : NGL to da moon (well, maybe to $10?)!!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Elroy9/30/2024 1:36:09 PM
   of 102
 
Today is the last day to buy the B or C NGL preferred stock and receive the 80 cents dividend.

Both trade ex-div tomorrow.

I bet they drop less than 80 cents. I think as the markets come to believe these preferreds will remain current, they likely trade above $25 par price. Both are about $24 today, and pay 80 cents after the close.

There's not a lot of stuff out there yielding 12.5%. I think NGL's balance sheet improving over the next 1 or 2 reports should push the preferreds up to at least $25.

finance.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext