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5:16 a.m. March 1: pre-Market. Down -1.11%. ORK!!!!!
I'm still going to grow this beast, gradually, despite all my grousing---- AFTER all of my previous rejoicing. The dividend yield on TS is at my bare minimum requirement at the moment: 3%.
But they are wanting to pay just ANNUALLY, going forward. ADR shares receive double the normal share dividend. ADR= twice the size of the other. Logical. Pending div = .80 cents/ADR share.
Glad I unloaded Norsk Hydro. A company with solid roots, reliable history. Bad stuff going on. Lots of current headwinds these days.
EDIT to add: End-of-day, 01 March, 2024: TS was up on the day by 0.99%. I'll gladly take it.
TS has bumped-up quite nicely for me. All within just a couple of months. Up 23 percent since start of Feb. After transferring the brokerage to Schwab, I'm told there's mandatory withholding on dividends of 15%. Stinky poopy. I just hate mandatorywithholding. But if the thing continues to rise, I'll live with it. The other ADR that I dumped was NHYDY and they mandatorily withheld 25%. That was truly unacceptable.
...And TS is up 2% today to a 52-week high. Share buy-back underway. Those re-bought shares are to be canceled. Laughing and weeping here at the same time. It's my smallest holding, almost.
Comments
ORK!!!!!
I'm still going to grow this beast, gradually, despite all my grousing---- AFTER all of my previous rejoicing. The dividend yield on TS is at my bare minimum requirement at the moment: 3%.
But they are wanting to pay just ANNUALLY, going forward. ADR shares receive double the normal share dividend. ADR= twice the size of the other. Logical. Pending div = .80 cents/ADR share.
Glad I unloaded Norsk Hydro. A company with solid roots, reliable history. Bad stuff going on. Lots of current headwinds these days.
EDIT to add: End-of-day, 01 March, 2024: TS was up on the day by 0.99%. I'll gladly take it.
TS has bumped-up quite nicely for me. All within just a couple of months. Up 23 percent since start of Feb. After transferring the brokerage to Schwab, I'm told there's mandatory withholding on dividends of 15%. Stinky poopy. I just hate mandatory withholding. But if the thing continues to rise, I'll live with it. The other ADR that I dumped was NHYDY and they mandatorily withheld 25%. That was truly unacceptable.