rsingh6675
Recycles dryer sheets
- Joined
- Nov 16, 2008
- Messages
- 126
A question for Retirees managing Dividend paying portfolio?
For stocks that pay 6-15% dividends, these stocks generally don't appreciate much. However, sometimes as with every stocks, they start going down. Do you put stop loss or do you let it go down & keep the dividend coming? Or do you decide to get out with a loss? Sometimes these stocks comeback to their original price & you still collect your dividend.
Example---I bought PMM @ $7.70. It PAYS 6% dividend but the price is down to ~$7.00. It is still paying me dividend. I didn't put stop loss & I haven't sold it. I am hoping it will come back & I will keep collecting dividend for next 2-5 years.
How do you handle your stocks when price start going down?
Thanks.
For stocks that pay 6-15% dividends, these stocks generally don't appreciate much. However, sometimes as with every stocks, they start going down. Do you put stop loss or do you let it go down & keep the dividend coming? Or do you decide to get out with a loss? Sometimes these stocks comeback to their original price & you still collect your dividend.
Example---I bought PMM @ $7.70. It PAYS 6% dividend but the price is down to ~$7.00. It is still paying me dividend. I didn't put stop loss & I haven't sold it. I am hoping it will come back & I will keep collecting dividend for next 2-5 years.
How do you handle your stocks when price start going down?
Thanks.