03-18-2015, 08:36 AM
I don't have any hard set sale rules, but generally if a company freezes its dividend or has a change in business outlook from when I bought it I consider selling.
MAT has frozen its dividend and had a rating cut from S&P. Its payout ratio appears unsustainable and it has struggled mightily in a changing landscape for children's toys.
By no means am I telling you what to do, but I sold it for a loss a couple months ago. They could figure things out and turn it around, but I was to the point of investing on hope rather than fundamentals, and that's not something I like to do.
MAT has frozen its dividend and had a rating cut from S&P. Its payout ratio appears unsustainable and it has struggled mightily in a changing landscape for children's toys.
By no means am I telling you what to do, but I sold it for a loss a couple months ago. They could figure things out and turn it around, but I was to the point of investing on hope rather than fundamentals, and that's not something I like to do.