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bar1080

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bar1080

Re: gfp927z post# 2002

Wednesday, 05/31/2023 6:42:13 PM

Wednesday, May 31, 2023 6:42:13 PM

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Like I often say, don't buy stocks purely for a dividend.

"Moreover, Advance was likely an attractive dividend stock to some. But with profits falling, management decided to cut its dividend from $1.50 quarterly to $0.25 quarterly."

Finviz had put AAP's yield at 8.2%

https://www.fool.com/investing/2023/05/31/why-advance-auto-parts-stock-got-absolutely-smashe/

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