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Decisive Dividend Corp V.DE

Alternate Symbol(s):  DEDVF | V.DE.WT

Decisive Dividend Corporation is a Canada-based acquisition-oriented company. The Company is focused on opportunities in manufacturing. Its segments include finished product and component manufacturing. The finished product segment, which manufactures and sells products that are purchased and used by end customers as designed. Within the finished product segment are five separate businesses: ACR, Blaze King, Capital I, Marketing Impact and Slimline. The component manufacturing segment, which manufactures and sells products based on specifications determined by its customers for use in its customers’ processes. Within the component manufacturing segment are five separate businesses: Hawk, Micon, Northside, Procore and Unicast. In addition, it has a third separate segment, Head Office, which is an investment holding and management company. Its subsidiaries include Valley Comfort Systems Inc., Unicast Inc., Slimline Manufacturing Ltd., Northside Industries Inc. and Hawk Machine Works Ltd.


TSXV:DE - Post by User

Comment by CoreyBon May 21, 2024 11:59am
278 Views
Post# 36050086

RE:RE:RE:RE:RE:Whopper of a miss.

RE:RE:RE:RE:RE:Whopper of a miss.I think you are confused about how the dividend works, the yield drops as the price rises until/unless the company increases what it is paying for a dividend.  With the stock price dropping recently due to target "miss" on financials, the yield is actually increasing.  Only 2 of the Canadian banks are anywhere near the yield this thing puts out, thos ebeing Laurentian Bank at 6.8% and Scotia at 6.4% while the rest are below 5%.  So this at a $10/share price gets the yield down closer to those high yield banks in the 5.x% range.  What is wrong with a high yield?  Are only banks allowed to have a decent yield?  It attracts dividend hunters, put it on DRiP and compound your investment.
My comment of what I am locked in at was just an example of what you can achieve if you invest in a company that pays a nice dividend and let it sit, I am getting paid double what anyone will get investing today, others I am sure getting double what I am getting and 4x anyone that invests today.  Price rising I achieve the "normal" gains, dividend on top of it my yield is locked in at a lower SP and my compounding interest because I have it automatically reinvesting for me means my interest payments are making interest.  This isn't a bank, so shouldne be compared to one.
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