Chirag Amin

When to Sell Dividend Stocks

Good article.....I hold BAC and am in the same predicament....The reason why I chose to invest in BAC was because it was a strong company with a growing dividend. It obviously failed me when BAC decided to slash its dividend. I haven't been putting in more money in the stock, but instead am holding the stock to find a good exit point....

PFE is another company that I decided to invest in for the same reasons.....However, they decided to maintain their dividend instead of cutting it (although it would have been nice if they decided to at least up the divy by a penny or two....). I'm gonna keep with PFE because I maintain bullish on its long-term prospects given its very cheap valuation.