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Strategies & Market Trends : Dividend investing for retirement

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Investor2
To: Investor2 who wrote (33248)12/12/2020 11:03:20 PM
From: robert b furman1 Recommendation  Read Replies (1) of 34328
 
I'm thinking they have till the Q4 to bump the dividend and still be an Aristocrat.

Stankey is making the tough calls and reducing debt with reduced dividends slightly(deferring dividend increases) and selling non core assets.

Should more than make up the 3 cents less in 9 months. to the price of the stock.

Hopefully that small move gets us to $40 plus.

It certainly has helped Cohu with its suspended dividend. It hasn't been real bad for XOM as WTI goes up and the dividend has been held steady, for more than 4 quarters.

Prudence is always safer and the future is always is brighter with prudence.

While Captaining a fishing boat in the cold waters of Prince William Sound, the nautical maps which were cherished, if the electronics failed always made mention of what "The Prudent Mariner " should do - it was always the best of advice. I always studied them, as I had the lives of 6 people on my boat!

I'm beginning to think Stankey is the tough negotiator and the prudent mariner.

May our ship sail safely into the 40's!

Bob
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