10-09-2016, 08:18 AM
I am certainly not a DGI savant by any means but will share my viewpoint.
When investing, the 1st rule is more (income) is better and (receiving that income) sooner is better than later.
I view the dividends and their growth as bonus or incentive to hold the stock when capital appreciation lags.
I rotate from expensive stocks to cheaper stocks and liquidate them when they become expensive.
Given your fact set, I wouldn't hesitate to move the CLX money into CTAS, T or SHW and let them go from undervalued to overvalued.
When investing, the 1st rule is more (income) is better and (receiving that income) sooner is better than later.
I view the dividends and their growth as bonus or incentive to hold the stock when capital appreciation lags.
I rotate from expensive stocks to cheaper stocks and liquidate them when they become expensive.
Given your fact set, I wouldn't hesitate to move the CLX money into CTAS, T or SHW and let them go from undervalued to overvalued.