(04-01-2020, 01:37 PM)EricL Wrote:I'm not worried about next month. I'm picking my horse for the 5 yr race. Can't believe I'm even typing this at you. You know well they are a solid dividend payer. I'd love it if this years dividend payouts are better than 2019 but that's a short-term view in this market. It probably won't happen. I won't dump every good company that hits a speed bump.(04-01-2020, 12:53 PM)fenders53 Wrote:(04-01-2020, 12:36 PM)ChadR Wrote: Added to IBM and CBRL.
CBRL is a good call IMO. It's trying to find a bottom. They will bring a strong dividend back as soon as they can and shares over 50% off are going to look good soon enough. I sold all of mine just north of $100 and today looks like a good day to start getting back in. No worse than holding a stock that pays no dividend when the price is right.
And a I hate it when I try to sell a position but double up instead. Pay attention dummy.
Florida just issued a 30-day stay-at-home order. Florida had the largest store count for CBRL as of 2015, the latest data I could find.
I think CBRL is a great company, but I have a hard time seeing any positive news coming for it in the next month.
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