So the dividend of around 4.5% is the main driver for me but also it is very cyclical, so when it does hit low support, it continues back up to the higher resistance, this is very resilient for me, combined with its longevity as a company of over 100 years and brand loyalty. I find this a very solid long term investment. If you can buy at $7 and it moved back up to $22 over a year or two, combined with a dividend, I like the low risk strategy here
Gareth Neary
2022-12-11 18:59:31 +0000 UTC
Hey Gar... What is the case for $F long term? Current price is nearly same as it was 10 years ago and with the exception of Jan 2022 blip has remained in the same territory. Is it for dividend?