Riding The Gravy Train: Vector Group (VGR) Chart Study

Riding The Gravy Train

Beating the market is fun and profitable. This is how we do it.

Friday, August 09, 2013

Vector Group (VGR) Chart Study


Below is a chart of Vector Group (VGR).


Technical traders, especially those interested in big dividends, may want to keep an eye on this one for a possible upside break-out. 

Note that in addition to the 9.5% annual cash dividend (based on current share price), there's also typically an annual 5% stock dividend in mid-September. 

We've owned VGR for years at an average price of around $15 (not diarized in this blog).  Markets are grossly overbought and overdue to decline, so if holding equities we'd prefer to get paid to do so. 

It's not without its risks, but it's right for us.  Only you can determine if it's right for you, however if you don't know it then forgo it.   







We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or publicly traded companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

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