[doctrine]

With $0.35 in earnings, they had a 103% payout ratio for the trailing 12 months. If you like the 7% yield, that might be all you get for some time with an outlook for declining margins on similar sales for the next year.

 

[Andrej]

Nope....only about 10% of Rogers production comes from beets....rest from processed cane imported.

If this is the case, RSI would BENEFIT from struggling emerging market currencies.
Eder, where's your info from?

 

[Eder]

annual report

 

[the-royal-mail]

$4.76

 

[Toronto.gal]

Still not sure, 2 buy or not.

 

[Killer Z]

Added to my position at $4.68/share.

 

[Pano]

Also interested in this one. But, how safe is that dividend?

 

[41742]

As safe as the price of the stock ... you pay and take your chances on this.

Interesting to see post #37 despite the bad news.

 

[underemployedactor]

Couldn't resist a little bottom feeding. Looking for a dead cat bounce, or a divvy cut and relief rally.

 

[OurBigFatWallet]

I bought some RSI yesterday on the 9% nosedive it took when their earnings come out. Someone mentioned only buy if you are happy with 7%. I am quite content with that. I expect it to hover around $5 for a while but will hold for the long term

 

[al42]

Had a stink bid in at $6.61 that got filled for another 1000 shares.
We'll be watching closely.

 

[Toronto.gal]

How did u manage that Al? You mean $4.61.

 

[al42]

How did u manage that Al? You mean $4.61.

You're right $4.61...still sleeping!!

Wow, really sleeping. I even recorded it as $6.61 on my spreadsheet.
Thanks TGal, I just saved 2k.

 

[Eder]

I'm buying more here...happy its under $5. This is purely a commodity play....the only pop that can happen is if the USA allows a few extra contracts to enter the country like last year...we got a special 50 cent divy due to Rogers jumping on that.

Dividend can/will drop ...atm Rogers has a lot of unused capacity since there's no market for more sugar but they have a near monopoly on Canada (we tax the crap out of sugar imports) so the business is not going away.

 

[OurBigFatWallet]

In the past couple years they paid out a special cash div in February.....my guess is that's definitely off the table this year

 

[Killer Z]

In the past couple years they paid out a special cash div in February.....my guess is that's definitely off the table this year

The last two were on Jan 31st, 2011 ($0.0383) and February 28, 2013 ($0.36). Both were declared in January so I think it's safe to say there will not be one this year.

 

[My Own Advisor]

No special divi this year. Next stop $4.

 

[Killer Z]

No special divi this year. Next stop $4.

You might very well be correct. Another nose dive day for RSI. I am glad I cashed out shortly after I averaged down.

 

[My Own Advisor]

I was going to buy around $5. I will wait until $4.

 

[OurBigFatWallet]

My cost is still north of $5 so looks like I'm in long term. $4 soon I'm sure and no special div this year. I think it will recover but it will take a while