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Longest holding he ever had – 17 years, and he didn’t even get a double on it. Then after he sold it it went way up. Now they want to keep increasing the dividend. It came off recently because they are looking at an acquisition. He loves dividends but this is not a stock where he is going to do it.

15% dividend. Followed it on and off for years. It is not as juicy as it was previously because they cut their dividend. When a company cuts dividend, there is often more cuts, although not necessarily in this one. He would put this one in the watch camp.

At these levels it does not interest him and because of that he doesn’t know the balance sheet.