I, for the most part, do not sell a stock. There is really only one reason why I make a sell, and that reason because of a dividend cut.
I completely sold out of my position of Teva Pharmaceutical Industries Ltd (TEVA)
36 shares @ $24.57
TEVA announced a 75% dividend cut. I learn of the news the same day of the announcement and sold right away.
With the money I received from the sell, I deployed it right away. Stay tuned to see what I bought.
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What are you buying with your dividend?
Image by Stuart Miles at FreeDigitalPhotos.net
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Thanks for the feedback and for following me. I hope you enjoy future posts.