| | | I’ve owned T for yrs... VZ, too... in your scenario, I would have lost nothing since I would not sell and would instead be happy I got more shares than otherwise from the drip and therefor would get even higher divvies in the future. I am talking about companies that have 25-100 yrs of paying divvies, and many that have raised them every year.
I cannot lose money collecting dividends. Period. I am getting a check that goes up faster than inflation - something I could not even count on working for others.
I DD these pretty deeply... I don’t have the info in front of me, but I think T went down hard during ‘09 crisis, maybe 50% in share price, but they didn’t cut the divvy, they raised it every year in the worst market of our lifetimes, buying 50% more shares on drip than if no crisis and their financials kept showing by whatever metric you want to use that the divvy was safe.
I apologize if my tone seemed aggressive, but out of 2-3 previous posts, you’d basically stated we seem preoccupied with divvies and you didn’t understand why despite the name of this board, and you seemed to argue that was something bad. I explained why, and doing so again.
I am sorry I came across harshly. We also say around here there are no right/wrong ways, many different goals and even more ways to achieve those. It’s all good. We all like to see new ideas from others, so welcome to the discussion. |
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