Fair questions to ask - how many work out like this and how to pick.
My unfair answer is: every one mentioned here recently including every one you've mentioned!
Well, you've only mentioned MCGC if I recall right, and that might've been a special case worth holding because the dividend yield was around 12-13% or more at the time. (again if I recall correctly) As for others - CAG, SLE,others(?), we're in some sort of bull market, so these stocks have been pulled up too recently. From the time of the last dividends, you'd have had to have several div. captures to beat or equal these small cap. gains that I believe I see. Which is quite possible - there are many opportunities in the market for div. captures. Also in your favor, those div. captures are money-in-pocket, whereas gains in stock prices are still iffy if one is still holding those stocks.
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Aside:
Aw, I'm just stewing about taking on an MCGC position larger than my core account for the dividend, getting that dividend and selling the stock as planned, being happy about it, but becoming quickly dismayed after seeing the stock rise almost every day subsequent. (Sigh) Okay... I will count my blessings - I still have most of my core MCGC - and move on to something else.
Paul Senior |
