05-16-2014, 09:15 PM
Sold DRI in my mother-in-law's portfolio a couple months ago when there still was no logical plan from management. Since her portfolio is income oriented, I couldn't risk the dividend when the last few quarter earnings reports were so disappointing.
Took the proceeds and bought T on a small dip. Increased her earnings stream a bit and I feel much more comfortable.
Took the proceeds and bought T on a small dip. Increased her earnings stream a bit and I feel much more comfortable.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan