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Strategies & Market Trends : Dividend Growth Investing and chit chat.

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chriscrna
Top Of The World Ma
To: Top Of The World Ma who wrote (1873)12/29/2021 3:33:03 PM
From: rnsmth2 Recommendations   of 2146
 
Re: Trim of PEP and use of proceeds


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I understand why you made these moves but just curious if you give any consideration to fair value (which I know is a range) when you add to or open positions when making moves like these.
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Yes, I do. Four pillars - yield, dividend growth, dividend safety and valuation.

Typically the trims are overvalued and the adds and/or new positions are fairly to under valued - mostly on the comparison of current yield to 5 year average yield.
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