I don't understand the "Power of Dividends" strategy. When a company pays the dividend, the stock price is reduced by an equal dollar amount. Your net result is zero but now you have to pay taxes on the dividend distribution when the equity is held in a taxable account.
Comments
I don't understand the "Power of Dividends" strategy. When a company pays the dividend, the stock price is reduced by an equal dollar amount. Your net result is zero but now you have to pay taxes on the dividend distribution when the equity is held in a taxable account.
Post: Riding Out the Storm
Link to comment from December 14, 2022