Came across this twitÂter disÂcusÂsion thatâs worth sharÂing. Iâm a huge believÂer in divÂiÂdends, and almost nevÂer invest in anyÂthing withÂout one⊠but a comÂpaÂnyâs divÂiÂdend (othÂer than itâs exisÂtence) isnât a reaÂson to invest.
Retail locaÂtions are being closed, malls sit empÂty.
While one twitÂterÂer points out that Macyâs stock would be worth less (worthÂless?) withÂout itâs divÂiÂdend, Josh Brown smartÂly points out that shareÂholdÂers might have been even betÂter off if Macyâs had figÂured out how to use that monÂey to comÂpete instead.
Not sure. Maybe instead of payÂing that divÂiÂdend all these years and aimÂing for sinÂgle digÂit growth comps, should have built an Amazon. https://t.co/PDaBQv0GrR
â Downtown Josh Brown (@ReformedBroker) March 26, 2017
Make sure you know more than just the divÂiÂdend yield before you invest in any comÂpaÂny.
Let me know what you think