Aug. 20 at 12:42 AM
$CLM, CRF. Yes, ROs do occur. Sometimes, at the end of October, when the next year dividends are calculated, they go up and sometimes down. I cannot locate where these funds have published their RO formally. Rather, they have filed their intent as required. The formal RO will include conditions and dates. It is no without precedent for the RO to be canceled or postponed. So the big selloff this week was a bit of a reaction, IMO, an over reaction. But, thank you, i purchased more shares so I'll earn more dividends for the next 4 months.
But even using the lowest prices from this week, if i calculate a full years dividends and substract those instantaneous potential losses, i still earn more dividends than any secure investment tool i can find. And the over-reaction has backed off a little for now.
Just saying....
