Question for stock / investment experts.

I'm not an expert, but here's my opinion :

based on the charts, today was the first day it was listed, so no historical info is available.

Yahoo shows a $0.05 dividend (current price is $0.10 so would be 50%), but does not show any info regarding the dividend, ie date of record, payment date, ex dividend date.

You state "it doesn't seem likely the share price will fall much below where it is." But after the ex-dividend date, the stock price could fall $0.05. example :
you buy 1000 shares at 0.10 each for a total of $100. on the dividend date you get a $5 dividend, but now you have 2000 shares valued at $0.05 each for a total value of $100. Or if you take a cash dividend you now have 1000 shares valued at $0.5 each for a total of $50, plus $50 cash (which you now owe a 15% tax on) so the total value is still $100. Actually less now due to tax, unless you happen to own this in a 401k or IRA.

Nobody knows what the price of the stock is going to be after the dividend, could go up or down.

Take a look at ticker OGE
on July 6th it paid a $0.34 dividend
July 5th Open 36.95 high 37.03 close 36.44
July 6th Open 36.22 high 36.22 close 35.72

There was a lot of trading volume in the days before the date of record which in theory drove the demand up and increasing the share price.

In conclusion, it is very doubtful that if you purchase the stock that you will come out much ahead.
 
Not an expert by any means, and I don't even pretend to understand the fine details in a stock financial report, but here's how it looks to me:
This stock is offering a 50% dividend.
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I see that on this company's charts, but I can't find a record or schedule of their dividend history. Maybe wishful thinking? Penny stocks rarely if ever pay regular dividends.

Can I buy shares of this?
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Of course. Notice the ".OB" at the end of the symbol. That means the stock is not listed on a major exchange like NASDAQ or NYSE, but you should be able to trade it through most brokerages.

I was able to pull up a chart on another site - it doesn't seem likely the share price will fall much below where it is.
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I see the 52 week low is 7c. That's 30% less than today's price of 10c, but 10c is quite a bit lower than the 52-week high of 25 cents. Still, there's no reason why it couldn't drop to 1-cent or lower, or completely dissolve.

Is the risk that the company wont be around long enough to pay the dividend?
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Of course.

Also, do a bit of reading regarding the particular risks associated with trading penny stocks before investing.

Good luck,
-Bob
 
Thanks guys - I don't really want to get involved with stocks like this but that dividend caught my eye. I will do more research into "penny stocks".
 
All-State Properties L.P., through its interest in Tunicom LLC, holds five acres of commercial and residential land for development. All-State Properties was founded in 1984 and is based in Lauderhill, Florida.
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I'm not an official investor kinda person, but all this is is some person with five acres of land, with a market capitalization of 311,000 dollars, and they're selling stock in some company that owns the lands? Plus it's in florida, land of scams.

Plus the real estate market is slowing now.

Yah, OK, my opinion, one can spend time researching penny stocks for investment, but IMO they'd be better served by investing in SP500 or Wilshire 5000 index funds and spend the remaining time searching for some other business opportunity.
 
these are "penny stocks" and most of them are worth nothing. you can look at www.pinksheets.com to learn more. there are legit companies with small share prices, but they usually have a negligible share price for a reason.

they are often hyped via email by scammers. when people buy the stock, the price can bump up...allowing scammers to dump their stock at considerable profit...and leaving the new investors with nothing...or next to nothing.

look for big, short-term spikes in price as a warning. this stock has had several

there is a good chance you can lose most if not all your investment in such a stock, i would not count on any dividends.


edit, there are also many legit otc stocks, but you need to really research before you buy
 
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