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<blockquote data-quote="Darmark7" data-source="post: 6054395" data-attributes="member: 83127">When I bought UPS stock over the years my goal was to never sell them but to hold on to them for the dividends when I retired. As I was buying them it was really in my best interest that the price stay low because I could buy more each quarter. Now that I’m retired the reason I don’t like to see the price go down is because it always concerns me the company is doing bad and they will have to lower the dividend payout. I’m sure most of you understand the dividends but incase someone doesn’t this is the reason dividends are nice when you’re in retirement. I have a bit over 2000 shares. The dividends pay $1.63 a share. So 2000 x $1.63= $3260 every three months or $13,040 a year. That’s extra income that I do not have to sell anything to get. I can take it as cash or reinvest to buy more stock which then gets me more dividends.<img class="smilie smilie--emoji" loading="lazy" alt="👇🏼" title="Backhand index pointing down: medium-light skin tone&nbsp; &nbsp; :point_down_tone2:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/1f447-1f3fc.png" data-shortname=":point_down_tone2:" /> So the following article below was good news for me this morning.[URL unfurl=&quot;true&quot;]https://www.msn.com/en-us/money/companies/ups-yields-nearly-6-dividend-is-safe-ceo-says/ar-AA1y93lN[/URL]</blockquote>

[QUOTE="Darmark7, post: 6054395, member: 83127"] When I bought UPS stock over the years my goal was to never sell them but to hold on to them for the dividends when I retired. As I was buying them it was really in my best interest that the price stay low because I could buy more each quarter. Now that I’m retired the reason I don’t like to see the price go down is because it always concerns me the company is doing bad and they will have to lower the dividend payout. I’m sure most of you understand the dividends but incase someone doesn’t this is the reason dividends are nice when you’re in retirement. I have a bit over 2000 shares. The dividends pay $1.63 a share. So 2000 x $1.63= $3260 every three months or $13,040 a year. That’s extra income that I do not have to sell anything to get. I can take it as cash or reinvest to buy more stock which then gets me more dividends. 👇🏼 So the following article below was good news for me this morning. [URL unfurl="true"]https://www.msn.com/en-us/money/companies/ups-yields-nearly-6-dividend-is-safe-ceo-says/ar-AA1y93lN[/URL] [/QUOTE]

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