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madprophet

10/20/17 1:28 PM

#268 RE: General Grievous #267

Depends on why you own...
If you own for the dividend only, then just buy whenever.
If you want gains as well, I would hold off and wait for a dip.
Just not sure when that dip comes, and this could be people getting in early before the Dec extra divy payment.

madprophet

10/20/17 1:33 PM

#269 RE: General Grievous #267

Well crap, I missed it, haven't been paying attention, just letting this grow, but they just increased the dividend payment.
That is my guess on what is driving this up.
People who are dividend driven can't beat a stock that is increasing their payout twice this year. PLUS semi annual bonus dividends in July and Dec.

A dividend company that will give out multiple months of div payments ahead of time is always a good thing. As the biggest worry for most div investors is concerns over the reduction of the dividend.