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Started By
Message
Thoughts on MO
Posted on 8/22/18 at 8:56 am
Posted on 8/22/18 at 8:56 am
So I wanted see what everyone thought about MO. I love the div but it has been dropping like a rock from its highs.
3
Posted on 8/22/18 at 9:16 am to Mercy Percy
quote:
I love the div but it has been dropping like a rock from its highs.
If you're holding it for the dividends, why worry? The dips are buying opportunities, right? Plus, if you are reinvesting dividends, you're buying more shares with the higher yield.
A long-term dividend hold, I DGAF about dips, overall. Obviously, flat is preferred or slight uptick, but you can't expect that forever, either.
MO isn't going anywhere, anytime soon.
Posted on 8/22/18 at 9:37 am to Mercy Percy
quote:
Thoughts on MO
St. Louis is ok. I don’t care for the rest of the state though.
Posted on 8/22/18 at 9:58 am to Mercy Percy
Had some, got hit with a stop loss, thinking about getting back in due to the dividend
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