Hunting for dividend
Today going to share these 3 stocks that i feel good buying it although uncertain of the future. Each have a reason why i bought it.
$MAXI-CASH CORP(5UF.SI)$ buyback today due to lower stocks price while it's net income is increasing, If crisis really come, manypeople needs pawn shop, so this company will survive.
$Prime US ReitUSD(OXMU.SI)$ reached a new 52 weeks low usd 0.37 so i add to DCA, previous buy was 0.48. Next buy 0.27-0.28 to capture the bottom. The lowest I bought dividend yield is higher. This is US office property so u can guess why it dip alot, will see how the income and dividend 2023.
$Global X S&P 500 Covered Call ETF(XYLD)$ dividend monthly, so far quite consistent, will add if dip again. Current DY 8% after deduction of US tax.
I have many kind of stocks to diversify, my target is the highest dividend return while preserving my paid capital so I don't care paperloss at the moment.
In the meantime i keep a look out on blue chip to add in the dip. So bluechips for stability while dividend maybe lower, 4-5% i don't mind 😊
Target Dividend average 8%
Not investment advice pls do yr own DD.
Will continue to look out $Amazon.com(AMZN)$
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question... let's say I need cash flow some day, decide to let go & by then, price gone down further. would this mean losing capital?
Disgustingly cheap name : double digit USD yields, hedged out interest costs and PB at 0.5x. Lelong! there are technical factors that could
great choice. best dividend so far! cheers