So I bought a stock for its dividend, which was about 6% at $36.00 a share. The stock has run up to 50.00. This equals about
5.6 years of dividends through gains. Time to sell the stock and maybe repurchase on a downturn?
There are lots of articles on when to sell dividend stocks but they rarely mention when the stock has run up so much.
Bird in hand?
Thanks,
Tom C
Sent from my iPad using Early Retirement Forum
5.6 years of dividends through gains. Time to sell the stock and maybe repurchase on a downturn?
There are lots of articles on when to sell dividend stocks but they rarely mention when the stock has run up so much.
Bird in hand?
Thanks,
Tom C
Sent from my iPad using Early Retirement Forum