12-13-2016, 03:32 PM
This at least shows you have to love the power of reinvested dividends. 40 more shares is nice.
While I don't own any PFE, here are my thoughts. Currently I feel it is overvalued though not significantly. I wouldn't buy any today. And like you said, a dividend cut is possible with the payout ratio as high as it is. If I was in your position, I would probably just sit on PFE and keep reinvesting the dividend. My past history is when I sold an investment that I thought was overvalued, I ended up worse than what I would have been if I just stayed put.
While I don't own any PFE, here are my thoughts. Currently I feel it is overvalued though not significantly. I wouldn't buy any today. And like you said, a dividend cut is possible with the payout ratio as high as it is. If I was in your position, I would probably just sit on PFE and keep reinvesting the dividend. My past history is when I sold an investment that I thought was overvalued, I ended up worse than what I would have been if I just stayed put.