/biz/ - Business & Finance

Anonymous Wed Jan 17 23:31:32 2024 No.57327569 [View]
File: 160 KB, 771x835, Untitled.png [View same] [iqdb] [saucenao] [google]

So today I learned a valuable lesson for dividend stocks - the payout ratio matters, and if it exceeds 100% the company has no choice but to cut the dividend or stay in debt.
Birchcliff announced they're cutting the dividend in half just hours after I bought 155 shares expecting a 14% yearly return, well, you live and you learn. I've only began seriously investing since September.

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/biz/ - Business & Finance

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