What is warrant, its purpose and the benefit Ill get in owning them?
Answer It is very unlikely that “a good progressive company” will pay a “pittance” as a dividend AND not have its stock price increase significantly over several years. If you invest for income, you expect the stock’s dividend to rise meaningfully over a period of time. If you invest for growth, your expectation is that the share price will rise as the company’s earnings rise, even if the dividend is very small (or, for that matter, if there is no dividend at all). A stock that provides NEITHER hefty dividends nor a rising share price would not appear to be worth owning. Why continue to hold these shares when you can get dividend income, or capital gains (or both) elsewhere? As for warrants, I’ll let you look at this expansive definition from Wikipedia: Warrant (finance) From Wikipedia, the free encyclopedia Warrant A warrant is a security that entitles the holder to buy stock of the company that issued it at a specified price, which is much higher than the stock price at time of issue
