RE: RE: extremely low volume it is a dog if you simply buy and hold.
imho, this is not a buy and hold stock.
you have to be aggressive with this stock to generate higher returns.
one strategy is to trade this frequently.
buy on big dips, such as low $10 range and sell higher i.e. $11+ or $12+
another strategy is to stay long and sell OTM covered calls 6 mo. or 1 yr. out.
this will boost the yield from the dividends.
you can easily add a couple of % points to the dividend yield by selling OTM calls.
a more risky strategy is to sell OTM puts as well, but in that case you are making a heavy range bound bet that stk will stay within your range band.
i have been doing the first two and am able to generate 20% + returns from MFC
if it drops to low $10 range again, I'll rinse and repeat.
and below $10, i might sell $9 puts.
MFC is an excellent proxy for the Canadian financial market, as well as a weaker proxy for global financial markets.
so it is great for trading.
don't buy and hold this.
if you wanna buy and hold, do it with the bank stocks like BNS or TD.