I owned a stock years ago


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Posted by Dr.J on March 10, 2025 at 21:37:44

In Reply to: I'm retired, so I shop for yield... posted by SagoBob on March 10, 2025 at 13:59:54

It leased oil tankers. But it paid a 7-10% yield based on the price which fluctuated some based on leasing rates. Held it for a several years then sold it at a very small loss, which was deductible. All in all a good investment. Stocks don’t pay lots of dividends these days.


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