reinvest dividends or not?

[Ron Ricco]

(09-01-2019, 11:50 AM)stockguru Wrote: I wanted to get everyone's take on this subject. Right now when a company pays out a dividend I take the cash. I just feel it's better to reinvest those dividends I get paid out at a cheaper price. All companies normally go down the following day of payout. So i just feel I get a better and a higher dividend when I get paid out and then reinvesting them back at a better price.

My question is what do you guys prefer and why? Taking the dividend cash or reinvesting the dividends?

Thanks all

i know a stock all things being equal, will drop after the Ex dividend date by the amount of the dividend, but I have never seen it correlated to the actual pay date?