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.