Dividend capture alone makes it a good trade. As for long, it seems to have held it's divvy price level well for the past 4 to 5 years. The question is; is this a good basis level for a long entry?
In the last 14 months the price fell $3.00 +/- with a $1.00 dividend, equaling a $2.00 loss on a long hold, if sold. The golden cross is positive with a price move north, the past 2 months.
So I'd say play divvy capture now, but don't walk away, after you bank it. Keep watching for the next Q to climb in price or at least hold price level, before entering on a long hold bias point.
We don't want to hold dividend stocks which continuously fall in price.
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