05-31-2022, 09:54 AM
Used my unspent cash from selling WHR a little while back plus accumulated dividends to add LYB at $115.88. At least 2/3 of the shares are temporary to collect the dividends. The other third could take me to a full position if I want, which I may.
I find this sort of dividend harvest much easier when it's with a stock I like. Not gonna break my heart if I get stuck with an overweight position in it for a while. Not saying buying to hold it temporarily just for the big upcoming payout is wrong. It's just not something I would likely do.
I find this sort of dividend harvest much easier when it's with a stock I like. Not gonna break my heart if I get stuck with an overweight position in it for a while. Not saying buying to hold it temporarily just for the big upcoming payout is wrong. It's just not something I would likely do.