Category Archive: Stock Sold

Nov 07 2017

My Latest Sale: WDR

In late October I learned that Waddell & Reed Financial (NYSE:WDR) would slash their quarterly dividend from 46 cents per share to 25 cents (a 45.7% reduction!) beginning with its Q1 2018 payout on February 1st. This would drastically cut my annual yield for WDR from 10.61% to 5.77%. I normally make 5.00% my “cut …

Continue reading »

Apr 03 2017

My Latest Sale: RSO

Last November, Resource Capital Corp. (NYSE:RSO) announced that it was going to cut its quarterly dividend from 42 cents to 5 cents (-88.1%). Because of this cut, my annual yield for RSO dropped from 9.58% to 1.14%. Ouch! With such a wretched dividend yield, RSO became a good candidate for selling off. Even if sold …

Continue reading »

Feb 01 2017

My Latest Sale: DHT

I don’t sell off dividend stocks very often, mainly because a dividend paying stock is an asset that should be kept for the long haul and shouldn’t be sold for just capital gains. As a dividend investor, it sometimes becomes necessary to dump a stock when its dividend yield falls so low that there’s little …

Continue reading »

Nov 30 2014

My Latest Sale: Employer’s Stock Grant

For nearly half my working life, I’ve worked for small-medium sized privately held companies, but for the past 14 years I’ve worked for a company that’s owned by a Fortune 100 corporation. Part of my compensation and benefits package is the parent company’s stock options and stock grants. I usually cash out a stock option …

Continue reading »