Redfield, Blonsky & Starinsky, LLC

1024 South Avenue West, PO Box 2069 Westfield
(908) 276-7226 x18
http://rbcpa.com/

For Accounting/Bookkeeping Matters: [email protected]
For Investment Management Matters: [email protected]

We are an Investment Management Firm that specializes in value investing and portfolio construction.  Our assets under management were $47.8M as of December 31, 2016. We are fee-based only, collect no commissions, and we are in our 20th year, with a published track record.

We offer free consultations.

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The price of natural gas is up over 35% the last 30 days. ... See MoreSee Less

The price of natural gas is up over 35% the last 30 days.

This post is just an informational post on a holding of ours Gazprom. Today they went ex-dividend, so the price of the stock goes down by the dividend amount. I think the dividend is $0.35. This dividend is expected to be paid around August 21, 2020. Although OGZPY closed at $5.44 yesterday, it opened unchanged at $5.09, because of this dividend. As I type this, OGZPY is at $5.08, down $0.01 (0.28%).

As a side note, we intend to post a semi-annual letter and update later this week.

As always, if you have any questions, please just contact our office.
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Comment on Facebook 118898264812857_3169870959715557

Good information Ron. Some investors are unaware that when a stock goes ex dividend the dollar price of the stock drops accordingly reflecting the expected payout. The investor hasn’t lost money as a result. They have just converted that small percentage of their stock holding to cash. It’s similar to a bond in that respect.