⚠️ Is monthly dividend stock good ?

@SR050321
Dream/expectation of a dividend lover (myself) : to create money machine then i can have a lovely passive income every month ❤️ Reality : Stock price dip more than the dividend given every month[Facepalm] Let me explain more with the picture, you can see the 3 which one dip the most. that time when i bought, i calculated the DY after 30% US tax net about 8% many of us thinking after stock dip, the DY should be higher, but actually no. The monthly dividend still consistent every month but the amount were reduced. So if you buy now $QYLD(QYLD)$ $RYLD(RYLD)$ $XYLD(XYLD)$ the dividend yield after tax is still 8% average [Facepalm] this is the reason why i have not added position (buy), I monitor the dividend amount, if stock price low but dividend is lower too, no point i DCA. At the moment my DY still 7% while my capital loss average 17.5% still acceptable but not buying, just continue to monitor it. Among these 3 : Stock price drop the most QYLD, dividend the best is RYLD. This post it my personal opinion not investment advice. I just try to explain high dividend does not mean good if at the end we loss more on the capital. I do hope when market recover, all go up to the moon, that's why I continue to look out undervalue good company to buy. When choosing dividend stock pls check if itis sustainable ? Thank you for reading. Invest wisely my friends ❤️ @TigerStars
⚠️ Is monthly dividend stock good ?

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