It is a very high quality company for a dividend portfolio. I have more of a growth portfolio, so I'm not considering a purchase. But it's definitely a nice price to buy now :)
I wonder what you expect from this company? Dividend income on par with some low rated corporate bond? Over 10 years they have delivered including dividends +70% (8.66% otherwise) versus SPY +244%. I'd be quite surprised if it does better in a time of higher rates.
I have $O stock in my portfolio and I am very happy. The company pays a nice dividend, just the price isn't growing much right now.
I have company too and at a pretty OK price, so I'll just let it work for now.
I was still overbought at the beginning of December and now I will wait for the stock to start rising.
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It is a very high quality company for a dividend portfolio. I have more of a growth portfolio, so I'm not considering a purchase. But it's definitely a nice price to buy now :)
I wonder what you expect from this company? Dividend income on par with some low rated corporate bond? Over 10 years they have delivered including dividends +70% (8.66% otherwise) versus SPY +244%. I'd be quite surprised if it does better in a time of higher rates.
I'll see if we can't get the price below $50 then I would definitely shop around.