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Worden Discussion Forum » Members » eric138109

Profile: eric138109
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User Name: eric138109
Groups: Gold User, Member, TeleChart
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Joined: Wednesday, October 27, 2004
Last Visit: Saturday, March 5, 2005 9:32:54 AM
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Topic: NYB 5.5% dividend, a bottom or still falling?
Posted: Sunday, February 27, 2005 7:27:24 PM
I was curious to hear your thoughts on New York Community Bancorp (NYB 18.44). With a very attractive yield and the CEO saying in the Feb 05 conference call that if the 5-year treasury goes above 4% that the company is poised to see significant profits.

So care to go on the record with your thoughts and why you think this is at a bottom or still falling?

And FYI, I believe it's a triple bottom and as long as it holds enjoy the solid dividend.