Box Ships (NYSE:TEU)

CAPS Rating: 4 out of 5

Recs

0
Player Avatar SuperCoolCube (< 20) Submitted: 7/18/2012 6:16:12 PM : Outperform Start Price: $5.76 TEU Score: -47.02

Huge dividend of 18%, plus this is a super solid business with orders already maxed out for years to come - how can this stock NOT go up? Plus, at 18% dividend, you're doubling your money every 4 years!! (by the "Rule of 72").

Member Avatar Teacherman1 (47.99) Submitted: 7/20/2012 12:50:20 PM
Recs: 0

I like that they are starting to follow the same model as DCIX, so I am keeping an eye on them to see if I want to get back in.

They have already announced that their dividend will be going down for this year, to about $1.00 from the $1.20 they were paying.

Right now, DCIX is a better buy. It is lower than TEU and is increasing their dividend to the $1.20 level.

JMO and worth exactly what I am charging for it.

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