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Strategies & Market Trends : Dividend investing for retirement

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Graustus
To: Kip S who wrote (32736)5/13/2020 11:59:59 PM
From: Paul Senior1 Recommendation  Read Replies (2) of 34328
 
Kip S. If you didn't sell. your dividend would be $4.24 on each CLX share. And if you did sell and bought shares of AEP for $165 (amount that remained after paying taxes on the CLX sale), your dividend amount would be on about each 165/77.73 =2.12 shares at $2.80 (the dividend per AEP share --I'm using Yahoo numbers) or about $5.94 for each $165 invested.

Not an easy decision still.

If I were a dgi and AEP or PNW had dividend growth prospects similar to CLX (I have no idea if that is so), I would sell and go for the larger dividend. Of course if AEP, PNW stock price remain where they are, and CLX stock keeps rising, then I'll be sorry I posted my comments/ideas,opinions to you. Sorry that my opinion is wrong, and sorry I couldn't myself see to capitalize on CLX's further stock rise.

All jmo, and I have been wrong many, many times.

Good luck whatever you decide.
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