SamSuka
The Long Investor
The Long Investor

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$DOW +9.6% Dividend

$DOW has the largest Dividend payment of any company in the S&P 500 right now

And the price has dropped from $56 down to $27 over the last 9 months, price has managed to hold support on the last Fib support level so far too.

Fundamentals are still strong and EPS is expected to grow by +46% next year.

I think this is worth keeping an eye on, if the price can continue to hold $27 then we could see a move higher to the 200 WMA again over the next 12 months or so at $53.

$DOW +9.6% Dividend

Comments

You are right, it doesn't look impulsive so far Another retest of $27.66 may be needed.....subwave 1's can have leading diagonals where the waves overlap and do look like corrective waves....so waiting for the pull back to a higher low can give more clarity

Gareth Neary

Could you do an update on DOW? Its still holding the 27$ level but the move does not look impulsive so far.

David Köster

I'm liking all the dividend stocks today yay

juntas.giros

FYI Dividend Payout ratio is 176%

PSK


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