Q: Hi!
Here is a puzzler for you....
In essence my question boils down to if/when one should sell an "A"- quality. dividend paying stock.
Example: I bought 100 shares of BNS at $55 and it went all the way to $92. I am still holding it (did not sell at all). It is now at $65. I get about $400/year in dividends.
A quick calculation shows that had I sold at $92, I would have gained about $4000 which is about 10 years worth of dividends without the wait.
Is there a handy approach to win in this sort of situation?
Here is a puzzler for you....
In essence my question boils down to if/when one should sell an "A"- quality. dividend paying stock.
Example: I bought 100 shares of BNS at $55 and it went all the way to $92. I am still holding it (did not sell at all). It is now at $65. I get about $400/year in dividends.
A quick calculation shows that had I sold at $92, I would have gained about $4000 which is about 10 years worth of dividends without the wait.
Is there a handy approach to win in this sort of situation?