RE:RE:Start questioning your holding…pierrelebel wrote:
In my opinion, it is way too early to think about selling DIV.
Take a look at the long term chart. The shares are heading back to the $3.30/3.40 area in 2025. In the meantime the dividend yield exceeds 8% while waiting for more capital appreciation.
Current and projected cash flow, profit, dividend and payout ratio all point towards that range, despite share dilution in the last few years. This stock is for investors, not short term traders or speculators.
Patience will be rewarded.
I wouldn't agree with the last statements. This stock isn't great for investors At best it may be good for income seekers who don't need capital appreciation. It may also be good for longer term flippers as the range seems pretty established.