tag:blogger.com,1999:blog-5232481098066200105.post718973917810191152..comments2024-02-21T05:09:47.829-05:00Comments on Compounding Income: Abbvie Fails To Raise DividendCompounding Incomehttp://www.blogger.com/profile/04207986983526689578noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-5232481098066200105.post-23771105009015873892013-12-15T15:24:57.285-05:002013-12-15T15:24:57.285-05:00I indeed have that philosophy (for my stock holdin...I indeed have that philosophy (for my stock holdings anyways) because I don't want to sell shares during retirement. Obviously bonds don't increases payments. Right now I do hold fixed income, but most of it held in my employer retirement account. I do not track that account on this blog. Compounding Incomehttps://www.blogger.com/profile/04207986983526689578noreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-26013025706212348242013-12-15T15:17:55.818-05:002013-12-15T15:17:55.818-05:00ABT and JNJ both have pharmaceutical divisions, bu...ABT and JNJ both have pharmaceutical divisions, but that's why I like them. It's only a division. Look at all the other product offerings. ABT is at the top of my list for a new purchase. It's due for an increase in share count. At the very least I'll pick up some share through FRIP once I get that rolling.<br /><br />Thanks for stopping by!Compounding Incomehttps://www.blogger.com/profile/04207986983526689578noreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-71621853190420875492013-12-15T15:11:09.923-05:002013-12-15T15:11:09.923-05:00Clearly that is the rational course of action. Yo...Clearly that is the rational course of action. You are correct there. I chose to sell now because of other factors, I need a fresh start to the new year.Compounding Incomehttps://www.blogger.com/profile/04207986983526689578noreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-77725579205547954162013-12-13T07:47:03.734-05:002013-12-13T07:47:03.734-05:00If I were you, I'd keep it. It is a good compa...If I were you, I'd keep it. It is a good company. But then if you have a philosophy of only owning companies that raise dividends consistently, better off sticking with Dividend champions and selling ABBV, staying true to what you believe in.moneyconehttp://moneycone.comnoreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-30775907644638148802013-12-13T07:39:11.796-05:002013-12-13T07:39:11.796-05:00Sorry to hear about this. First SNH, now ABBV! I...Sorry to hear about this. First SNH, now ABBV! I'm glad I bought ABT after the split. Agree with the reasoning there - like a mini JNJ. I love diversification.<br /><br />I've always been a little wary of pure pharma stocks, which is why I don't hold any. I think ABT has definitely shown they want to reward shareholders and are willing to follow through on that.<br /><br />Best wishes with your decision!The Dividend Warriorhttps://www.blogger.com/profile/03504593167399790099noreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-2367611191956298282013-12-13T02:10:31.985-05:002013-12-13T02:10:31.985-05:00Sell first day of the new year so you don't ha...Sell first day of the new year so you don't have to pay the tax for 16 months.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-41858145093954283832013-12-13T00:32:01.315-05:002013-12-13T00:32:01.315-05:00I know a lot of investors (blogs I follow) felt th...I know a lot of investors (blogs I follow) felt that way. It was a weird spinoff because the new company had a larger mkt cap than what was left of the old company. You could almost say ABBV spun off ABT. It was ugly looking at ABT's 1% yield most of this year, but in the end they made things right. Even if I decide to part ways with Abbvie, I will be watching to see what they end up doing. I will be especially interested to see how things pan out a few years down the road. I have no way of evaluating patent expirations or drug pipelines... like you say too many unknowns. Compounding Incomehttps://www.blogger.com/profile/04207986983526689578noreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-43306975546096618502013-12-12T23:34:28.511-05:002013-12-12T23:34:28.511-05:00I sold shortly after spinoff. I didn't think b...I sold shortly after spinoff. I didn't think both stocks were worth holding it. ABT lost the yield and ABBV became an unknown stock to me with no history so I was cautious to hold it. I thought I could get better deal elsewhere.Martinhttp://hellosuckers.netnoreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-19367451937033483542013-12-12T23:25:37.564-05:002013-12-12T23:25:37.564-05:00I'm thinking about selling it tomorrow, but wi...I'm thinking about selling it tomorrow, but will sleep on it and give it a bit more thought in the morning. Unfortunately I've already had to realize some capital gains this year, it would stink to have to increase my tax bill even more. <br /><br />Thanks for chiming in.Compounding Incomehttps://www.blogger.com/profile/04207986983526689578noreply@blogger.comtag:blogger.com,1999:blog-5232481098066200105.post-38548686592344865672013-12-12T22:43:09.075-05:002013-12-12T22:43:09.075-05:00IMO hold it still next quarter. If no increase, t...IMO hold it still next quarter. If no increase, then sell. FFdividendhttps://www.blogger.com/profile/12542560392658239123noreply@blogger.com