Quote:
Originally Posted by GregWeld
MO paid a .41 cent dividend in 2012 -- just four scant years ago..... today's dividend is .61 cents per share - per quarter... AND since then (2012) it's share price has appreciated 132%
Now then..... let's fast forward your hypothetic retirement date..... out 15 years? 20? 25? What do you suppose they'll be paying "then"? And what percentage return will that look like when they're paying $1.20 per share per quarter and your cost basis in 2012 @ $27 bucks a share. And all the while back in 2012 when the share price was outrageously high P/E and the market was soaring and you were just certain you were paying the all time peak high price......
Yep - that's how ya get 'er done.
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Still have my MO... keeping it thanks! Bought it January 2012 for $28.71.
I have some cash sitting in the 401k account, I am considering GPS. It is different than my other holdings in the 401 and I think they will be doing well over the next 5-10 years.
Attached picture is my current mix. HYH is a small amount, I received it when it was spun off from Abbott I think. The remainder are each somewhere between 7-10% of the total. Any comments about GPS or my mix?