Post by
BlueJay2020 on Sep 29, 2021 11:00pm
Tempted back...
I sold half my holding of 6000 shares gradually over the summer, but with the dividend now at 6.4% I couldn't resist buying a few hundred, with more dry powder for further dips below $14.
Comment by
BlueJay2020 on Oct 06, 2021 3:43pm
True to my word, I picked up another 1000 today at $13.80. I think the recent SP pressure is also impacted by a relative high dividend to the sector average. Instead of the company repaying debt, which is getting more expensive, it is giving it back to investors. However, we're just shy of a 7% divi with long-term good prospects with demographic trends, so I am happy to re-accumulate.