- I bought the stock mainly for dividend yield - My dividend yield this year is 8.93% (0.06424/0.719). WOW!
- Dividend Stocks do not become a "falling ...
Update: Dividend is given out on a 15 months basis. So the total dividend should be 0.0803/15x12 = 0.06424.
I am currently sitting on a big paper loss on Accordia Golf Trust due to its continuous fall in price.
My average price is around 0.719 and the current price is 0.590.
I bought this stock mainly for the dividend yield and the price has fallen quite a bit since the IPO. Furthermore, I feel that its business is great. There will always be people playing golf and the business will not be gone in a while.
So I am very confused if I should continue to hold on to them?
After some thinking... this is my conclusion...