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Message
re: Cracker Barrel (CBRL) 52 week low today, $1.30 dividend, goes EX-Dividend tomorrow
Posted on 4/10/24 at 9:16 pm to slackster
Posted on 4/10/24 at 9:16 pm to slackster
quote:
Buying it tomorrow for a dividend in and of itself is a terrible strategy.
Depends on your goal.
If you want to get in and out quickly you can snag the dividend and sell on the next green day.
1
Posted on 4/10/24 at 9:21 pm to Bestbank Tiger
quote:
Depends on your goal. If you want to get in and out quickly you can snag the dividend and sell on the next green day.
Seems like a terrible strategy to me.
I also hate the look of this stock. Looks like it’s at an all time low because they’ve halted their dividend hiking for 4 years and still have a payout ratio over 100%.
This post was edited on 4/10/24 at 9:24 pm
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