06-05-2017, 06:19 PM
(06-04-2017, 03:40 PM)divmenow Wrote: I mean for 5 years this stock did nothing except trade in a tight range between $40-45. I would be a buyer if it pulled back to $50 or so.
Oh, to have those days back again. I filled up around the $40 level when it was yielding around the 3.8% level. Glad I did.
Now, it's been run up both from people chasing yield, the general euphoria in the market and a hangover from the KHC takeover attempt. I agree, under the $50 seems a decent entry point but it may take a while to get there.
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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