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    Thread: Does anyone here invest in dividend stock at all?

    1. 11-14-2019 06:19 PM #1
      Extremely short version:

      I am about to dive into dividend stock investing (well, okay, maybe I'm just dipping my toe into the shallow end of the pool). I'd love to talk to some friends about it, but this subforum is eerily quiet. Is anybody out there into this sort of thing? If so, perhaps I'll ramble more at length about my situation.
      Dempsey Bowling
      Sales Consultant at Doug Smith Dodge/Chrysler/Jeep/Ram/Subaru/Kia/used
      My fleet: 91 Miata (5.0L swap project), 98 Wrangler Sport, 01 Suburban 2500 8.1L, 80 Grand Prix LJ 454, 86 GLHS #75, 13 Leaf SV

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    3. Senior Member
      Join Date
      Sep 11th, 2000
      Location
      MA
      Posts
      27,244
      11-17-2019 03:08 PM #2
      I was at CL in the 1990s. I kept my stock when I left in 1999 and set it up for dividend reinvestment. Sold some in 2013 to pay for half a house on OBX. I treated it as a Ron Popeil "set it and forget it"" stock.

      The stock split once 2:1 while was there and twice 2:1 since I left.
      Last edited by Cooper; 11-17-2019 at 03:14 PM.

    4. 11-20-2019 08:45 PM #3
      Quote Originally Posted by Cooper View Post
      Sold some in 2013 to pay for half a house on OBX. I treated it as a Ron Popeil "set it and forget it"" stock.
      Nice!
      Dempsey Bowling
      Sales Consultant at Doug Smith Dodge/Chrysler/Jeep/Ram/Subaru/Kia/used
      My fleet: 91 Miata (5.0L swap project), 98 Wrangler Sport, 01 Suburban 2500 8.1L, 80 Grand Prix LJ 454, 86 GLHS #75, 13 Leaf SV

    5. 11-29-2019 07:23 PM #4
      If it doesn't pay a dividend, I don't own it.

      Since I am Canadian, and since Canadian dividend-paying stocks receive favourable treatment come tax time in Canada, it's a Canadian portfolio.

      It's split between a bank, a Tier 1 automotive supplier, a utility, and the rest divided between a collection of small caps.

      No tech (too volatile, low/no dividends), no marijuana (too speculative, no dividends).

      I don't need to work any more.

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