ATLAS RESOURCES (ARP)First let me say yours is one of my favorite newsletter!!…and I tried many b/4 I ran accross yours Recently ran accross this prox $3+ stock that pays a MONTHLY dividend of $.1083 ( x 12 = $1.30/yr)…so you getting about a 40% YIELD!!! Looked at the financials and it has a decent income and cash flow……Is this too good to be true?….What am I missing?
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Sorry, forgot to mention the stock: ATLAS RESOURCE PARTNERSHIP (ARP),,,, Fridays (9/18/15) price range was $3.14 to $3.30……check it out.
Sorry, forgot to mention the stock: ATLAS RESOURCES PARTNERSHIP (ARP)….fridays price range $3.14 to $3.30…..with a $1.30/ yr dividend….PAID MONTHLY!!!
Dividend is high for a reason, this companies survival is in doubt.
Has been incurring losses which will continue for the foreseeable future.
Debt is ~ $1.5B
Consider what happens to the stock price if the dividend is cut or eliminated.
Other than the dividend, what do you see as a positive for this company?