Pays for itself in just over 12 years
$UWM Holdings(UWMC.US$
On todays prices and Dividend schedule, a share you buy today will pay for itself in just over 12 years, regardless of which way the stock price goes. After that, your quarterly dividends are pure profit.
On todays prices and Dividend schedule, a share you buy today will pay for itself in just over 12 years, regardless of which way the stock price goes. After that, your quarterly dividends are pure profit.
I like this price point.
However at the moment, my focus is to increase my position on a different dividend stock which will pay for itself in 6 years. $Orchid Island Capital Inc(ORC.US$
Many of the larger dividend stocks in todays prices would take around 25-50 years to pay for themselves.
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