2Wkยท

Sell or hold?

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6 Comments

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Or buy?๐Ÿ˜œ
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Dividend trap
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@capital_guru_granny Because of chronic capital destruction. The high yield is an illusion caused by the stock price constantly dropping. You lose more on the share price than you gain from the monthly payout. It has a long history of cutting the actual dividend payout. The yield only stays high because the stock price keeps bleeding out over time
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@capital_guru_granny Not financial advice, of course. You should definitely analyze the company's long-term history for yourself.
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Why did you buy it and would you still buy it now?
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