11-12-2014, 12:40 PM
(11-12-2014, 12:30 PM)EricL Wrote: Trying to find room for DOW as well. Hoping it doesn't run away from me before I have funds available to buy it. Been watching it from the sidelines for too long and today's announced dividend hike and large buyback is enough to get me moving.
Eric, what gave me pause regarding DOW was their periods of dividend increase stagnation : http://www.nasdaq.com/symbol/dow/dividend-history
7 quarters in 2012-2013 no increase
9 quarters in 2009-2011 no increase
7 quarters in 2007-2008 no increase
It gets even spottier when you go further back.
I know Loeb has lit a fire under them recently but there were too many questions there ... I have a position and I'm happy with it but obviously here is a great accumulation point as well