So I have an update and a question. CASY is the stock I am referring to for anyone that wants to look it up. Almost 2 years ago I bought a small amount of a stock $1500 worth, at the time it had a dividend of 1.3%. I was super happy with the stock for all the reasons listed earlier in this thread. Now this stock has had the growth I was looking for but the dividend is going down. The share has grown $20 apiece and the dividend is now down to .97%. Is this a normal rate? I know as one goes up the other will go down.
I guess what Im asking is, is this is normal or should I continue to hold on to it? Or is it time to sell and buy something with a higher dividend. I feel the company is not even close to done growing and I have been continuing to buy more, just in much smaller chucks to keep everything balanced within my account. Im happy in every way with this company. I just wondering if there was a smarter way to be using my money.
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Miles Boyer
96 Corvette
91 V8 S10
88 Olds Cutlass
Last edited by silvermonte; 12-06-2014 at 11:59 PM.
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