Home Forum Dividends & stock market NYSE:SKT yield just passed 5%, buying opportunity?

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  • #21900
    Ether
    Participant

      I just came across this dividend kings, which is in the S&P High Yield Aristocrat, and has been paying increasing dividends since 1994, including during the last financial crisis.

      What do you think, big opportunity?

      https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=Linear&chdeh=0&chfdeh=0&chdet=1501531200000&chddm=1164986&chls=IntervalBasedLine&q=NYSE:SKT&ntsp=0&ei=xTl_WbmBMZGZUO_epLAC

      #21985
      Jerome
      Keymaster

        Hi

        I had this stock, but I sold it because the company was melting its cash reserves. Now it is true that the dividend is interesting (it was already before) and the price seems to have stabilized (you don't buy a falling knife). I would perhaps wait until the end of the year to see if the situation has stabilized both in terms of fundamentals and price.

         

        #26842
        francois.cx@free.fr
        Participant

          Time to come back???

          #26957
          Jerome
          Keymaster

            I'll be doing a little SKT analysis shortly.

            #27204
            Jerome
            Keymaster

              I've just had a look at it, so far it's not even worth analyzing.

              The stock is too expensive, and we shouldn't focus on yield, which gives a distorted picture of reality. What's more, it's a falling knife.

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