Chasing a dividend yield for a monthly distribution flex maybe enticing but rarely sustainable over a long period. Choose a reasonable dividend yield and allow it to chase you by the means of: •appreciating assets receive dividend increases. •Split shares receive a forward split increaseung your share count which means a higher yield. My current dividend yield is under 12% with a YOC above 15%. Don’t depreciate, appreciating assets increase their NAV over time while paying monthly distributions. What you choose today will shape your future portfolio for years to come! Screen shot of my $LBS position yeild Vs YOC. Always do your own research 🧐 and analysis 💹
2,078 views
19 Comments
Catherine
@ffcatherine · 3mo
Learned that the hard way within $MSTY Now I know yield under 15% are the most sustainable
Rabid Money Badger
@riggs · 3mo
The only thing I’m chasing now is how to get more money invested lol.
Christopher J
@cjs033 · 2mo
Wise words from my M8!! Everyone should listen up?? 🤩👍🙏🏻
John
@cruzzer · 3mo
Hey Heath, do you own the LBS preferreds and would you buy them? I see they did an offering recently @$10.50 yielding 6.9%.
See the full comment section 👀Sign up for the full Blossom experience!
