Jul. 14 at 3:41 PM
$ET I don't understand why everyone is so gun-ho to see this stock price run up. They pay the dividend as a return of capital which puts off the tax burden. A lower price with higher dividend means you get more compounding growth. Hell, with this kind of setup, you could eventually get into "Buy, borrow, die" territory and never actually have to sell the stock and pay taxes on the gains... I've been in since 2020 and my cost basis has already dropped to under
$10 a share. It'll around 10 years before I have to worry about immediate taxes on dividends.