Re: Stifel bumped their target to $18, believes dividend is safe at $2, maintains Outperform
So, as a result of these upgrades, we **might** see a share price increase of around 10% from here to $19 and a yield of 11% giving a 20-21% shareholder return.
Once it gets to $19...if it does... then what? Sell and wait for a pullback to buy back? Security of the dividend is great but a forecast of an increasing dividend - even a penny - would be better.
Not trying to sound negative, but looking for opinions as a long-term holding.