02-15-2015, 12:27 PM
(This post was last modified: 02-15-2015, 12:55 PM by Dividend Watcher.)
Trimmed some 30% of my ROST on Friday. Trailing P/E of 22 is about the top of the range for me and a dividend yield of 0.8% is too low for me at this point. With a 60% gain, it had grown to be too large a part of the portfolio. I'll add that to my cash from the PEP sale a couple days ago and spend the weekend shopping. My cash position is now a little over 4%. Haven't seen that in a while.
ROST has a dividend increase coming up and they've added some new stores in under-represented regions. The picture is still bright for ROST and I still have a significant exposure so we'll let that ride for now.
Now for some patience. I see the utes have started to break down and a chink in the REIT market, both under-represented in my portfolio, so hoping that continues.
ROST has a dividend increase coming up and they've added some new stores in under-represented regions. The picture is still bright for ROST and I still have a significant exposure so we'll let that ride for now.
Now for some patience. I see the utes have started to break down and a chink in the REIT market, both under-represented in my portfolio, so hoping that continues.
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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