Aug. 26 at 4:49 PM
$ABR would love to not see below
$11.50 again for a long time. A single cut should help us, but this company really needs a series of cuts to shine. It’ll take a lot of pressure off the dividend though. I’m fine with .30- keep the extra and tighten up for a year or whatever. If they don’t cut though, I can see this back in the 10’s on pure reaction.
I only own 3 stocks and my ABR is 12k shares strong making
$1200/month in dividends plus some covered call money when it makes sense.
I always feel vulnerable with this one, but I hope our overall next 5 years look more like the chart from 2015-2020 and less like the 2021-2025 chart.
World isn’t getting more predictable but the markets just keep going up and it makes me nervous when fundamentals stop making sense. At least this will pay you back your losses as you go! Lol I bought my initial stash at 12.85 and up to 14…. But now my average is 10.25 accounting for divs/premiums. Most stocks don’t give that luxury- that’s why I stay.
