05-12-2014, 04:39 PM
I've been re-positioning my portfolio into Dividend Growth stocks. Well, I inherited some DD in 2007. Since then I've let it just sit around and re- invested the dividends. It's grown to be larger than my next two largest holdings put together. I know DD is not a Div. Growth stock. ($.04 increase in 5YEARS!).
I've been giving some thought into selling it and splitting the proceeds between CVX and JNJ. I own no pharma and only a small amount of energy stock (KMI).
But...DD is spinning off its performance chemicals Q2 2015. I have no idea about (possible positive) ramifications. But I can't think of any good reason not to go ahead with my plan. Am I missing something?
Any comments appreciated,
kayboy!
I've been giving some thought into selling it and splitting the proceeds between CVX and JNJ. I own no pharma and only a small amount of energy stock (KMI).
But...DD is spinning off its performance chemicals Q2 2015. I have no idea about (possible positive) ramifications. But I can't think of any good reason not to go ahead with my plan. Am I missing something?
Any comments appreciated,
kayboy!