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HooctAwnFonix
05-15-2009, 08:21 PM
Siliconware Precision Industries Co Ltd (SPIL) is a Taiwan-based company and is a contract provider of semiconductor packaging and testing services. Their upcoming dividend is 71 cents, giving it a over 10% for what its trading for at the moment (6.97).

I'm thinking of taking a position in this company at the end of next week - I like the upcoming dividend and believe the value of the stock will be subject to growth.

Any thoughts?

mo_dingo
05-17-2009, 12:42 AM
Announcing a new dividend is pretty shocking at this point. I wonder if they are setting up for some preferred stock sales in the future...hmmmm

zombie
05-17-2009, 01:16 AM
They were upgraded a couple of months back, and their last Q result was nothing to write home about.Honestly,i feel that a lot of these semiconductor stocks are over-bought,they are not gonna rally unless the PC market improves dramatically.