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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: sm1th who wrote (90)	5/29/2021 2:18:21 PM
From: chowder	2 Recommendations Recommended By INCOGNIT0$ Menominee Respond to of 21841

>> That doesn't seem to meet typical dividend growth criteria. << Meeting the typical dividend growth criteria isn't the objective here, owning good companies over a number of years is. Since LOW is an important holding in this portfolio, then adding more on the announcement of a 33% increase in the dividend would make sense. I don't like to "lock in" any specific criteria or the way most people react to situations. For example it seems an awful lot of people trim positions that are up 100% or more. I don't trim them, I buy more of them. When LOW got to a 100% return, I added more shares and now that position is up 161% and is up on a larger position since I added as opposed to up large on a smaller position. LOW is a good company, I want to own it and I want to own more of it. The increasing dividend makes it easier to buy more, especially since I have LOW set up on dividend reinvestment.