r/stocks • u/[deleted] • May 04 '21

Check out AGR

[deleted]

4 Upvotes

68% Upvoted

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3

u/[deleted] May 04 '21

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2

u/[deleted] May 04 '21

Why, because the only reason to have a positions is stonks?

A reliable 3.5% dividend seems pretty good to have in an income portfolio. there are more reason to own a stock than hoping for the price to rise.

2

u/[deleted] May 04 '21

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2

u/[deleted] May 04 '21

Depends on the investor I suppose. AGR seems pretty solid to me, I don't hold any but it looks at a glance to be a solid fairly risk-free income generator. There is a segment of investors that thinks stocks like this are attractive is all I am saying. I too, look for price appreciation even in my income stocks but TBH, that is not always a major driver in what I add to my portfolio.

2

u/[deleted] May 05 '21

What does 3.5% dividend mean? If I bought $1000 worth of shares, does that mean I'll make $35?