SRG 2.39% $1.02 srg global limited

I've been holding this since 20cI'm getting paid 20%...

  1. 6,531 Posts.
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    I've been holding this since 20c
    I'm getting paid 20% dividends (at 85c it's only 4.7% but the market is just under 4% atm with a target of 3% or lower in the next 2 years)
    Each year everyone cashes out thinking they've reached the top
    Then they either time it wrong
    Sell at bad times
    Buy at bad times
    Eventually it makes new highs
    Continues to pay the dividends
    Stress free

    I wouldn't say a 15% dip is an awful collapse unless you're trying to keep getting in & out
    Dividend stocks are not meant to be day trading stocks
    Top up whenever they hit their lows
    I'm using 80c as a baseline this year (until November)
    Anything near there is worth a top up
    Last year was 60c
    The year before was 40c
    Started at 20c (long term uptrend has held since)
    Next year I'll use either 92c or $1.06 (not sure yet), if all goes to plan

    Not sure how many stocks in your portfolio are sitting & holding 300% gains in the past 4 years (& still growing)

    If this doesn't reach 1.06 by feb 2025, then there's something wrong fundamentally but they'll need to update guidance (then I can reconsider my position)

    Btw you are aware markets had a flash crash in the past week.
    Let me know which stocks have been spared.

    Hopefully that's over with this week & markets can build a recovery over the next few months in time for a strong end of year rally again
 
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Last
$1.02
Change
-0.025(2.39%)
Mkt cap ! $608.6M
Open High Low Value Volume
$1.04 $1.04 $1.02 $2.932M 2.871M

Buyers (Bids)

No. Vol. Price($)
2 23187 $1.02
 

Sellers (Offers)

Price($) Vol. No.
$1.03 13260 4
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Last trade - 16.10pm 11/09/2024 (20 minute delay) ?
SRG (ASX) Chart
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