09-25-2019, 10:11 PM
Good post Kerim. I found a little comfort in that lol. I'm sure a lot of people are sick of my Debbie Downer talk by now. I come to this forum because for the most part it's not a cheer leading team. Way too much of that on S.A. and I don't find it useful.
I do hope they don't cut the dividend. Not because 50 cents a share would be some crushing blow, but the market would over-react and we'd see $30. I get it though, all too often div cuts beget more div cuts. If I had immediately just sold every stock that ever cut the div, I'd be better off overall, even bailing right after the news took the SP down. I think MO will fight hard to raise a penny if that's what it takes to stay on the list.
I do hope they don't cut the dividend. Not because 50 cents a share would be some crushing blow, but the market would over-react and we'd see $30. I get it though, all too often div cuts beget more div cuts. If I had immediately just sold every stock that ever cut the div, I'd be better off overall, even bailing right after the news took the SP down. I think MO will fight hard to raise a penny if that's what it takes to stay on the list.