Post by
jeffpei on Dec 06, 2021 9:31am
Divvy at least exceeded 4%
Was not happy that the divvy increase was so conservative, but the quarterly change was a surprise to me. it will result in a more balanced monthly flow for my portfolio, since the majority of my divs are pd on the 15th, and very few at month end. In the end, I will continue to hold for another year after increasing my shares as the stock drifted down to the 24 range.
Comment by
Johnwith30years on Dec 06, 2021 9:40am
Jeff: Just to cheer you on one perspective to keep in mind is that at the end of the day it is always total retrun that counts. So if they pay down debt and use CAPEX wisely, then the stock should also increase over time. This can easily overcome a smaller than desit=red dividend if/as ALA returns to fair market value. Cheers
Comment by
jeffpei on Dec 06, 2021 10:11am
Thanks John, that's how I see it as well. Being retired, I do like a nice divvy cash flow., but in the end the portfolio value increases is more important.