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American National Bankshares Inc.

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Msg  34642 of 35715  at  7/21/2021 11:38:28 AM  by

keebon

The following message was updated on 7/21/2021 11:40:43 AM.

OKE

  
  Made 22 buys of 20 stocks on Monday but neglected to buy more OKE.  It dipped over 5% going below $50 for what would have been a 7.5% yield.  The dividend will likely be announced tomorrow the 22nd with ex/div in the 1st week of August.  Stock is now up 6% since Monday's close.  Haven't seen speculation about a dividend cut, and management has always made the dividend a priority.  Mostly recently they did new financing so they are not short of cash.  There has been recent news about oil & gas production in the Bakken being flatish, up only a little more than 1% month over month, and the are they are the leading oil & gas processor in the Bakken, but that hasn't kept OKE from being at or near the top of most midstream recommended lists.  I have a lot already over 2 accounts but I may buy a little more to catch the dividend, after I take some of the profits on my best Monday trades. 
 
 


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Msg # Subject Author Recs Date Posted
34644 Re: OKE maintains dividend keebon 0 7/21/2021 1:05:06 PM


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