MFG 0.10% $10.43 magellan financial group limited

MFG in the BUY zone, page-1063

  1. 1 Posts.
    It should be paying a ~10% annual dividend at this price since it's been paying around $2 for the last couple years. Even with a small earnings hit, it's a great dividend. There is no indication that the earnings are going to collapse, is there? So there must be a floor here somewhere? I wouldn't be shorting it when it's already down 60% or more. That opportunity is long gone?
 
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