Quote:
Originally Posted by 68ZClone
Thanks for jumping back on, Greg. I don't post much, but really appreciate and enjoy reading your posts. Thanks for taking the time with us here.
I was happy to see Costco raise their dividend ($0.275 to $0.31 = 12.7% raise) even though the yield is only 1% annually. However, from this thread, I know why I own it - for growth and yield combination. I bought at $101 and its trading north of $108 now. Purchased it completely with the dividends from my other holdings!
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#1 -- Thanks for posting! I often wonder if I'm just talking to myself!
#2 -- Using your dividends from other stocks to diversify into another name is BRILLIANT and exactly how this can be done!