Q: Good evening,
I am torn with Starbucks. I bought back in 2011 and enjoyed one stock split. History shows that it is a possibility that it might split again this year. My issue is that it has grown to 10.42 % of my entire investments which is getting high. I am tempted to hold on due to its very high dividend growth and maybe another split. Sooner or later though (11% or 12%) I will have to trim back. What would be a good place to put the money if and when I trim back and do you see a split this year? Below are the past splits. From what my research show they usually split around high 80's
March 18, 2015 2-for-1
September 21, 2005 2-for-1
March 20, 2001 2-for-1
February 22, 1999 2-for-1
September 29, 1995 2-for-1
July 1, 1993 2-for-1
Thanks Jimmy
I am torn with Starbucks. I bought back in 2011 and enjoyed one stock split. History shows that it is a possibility that it might split again this year. My issue is that it has grown to 10.42 % of my entire investments which is getting high. I am tempted to hold on due to its very high dividend growth and maybe another split. Sooner or later though (11% or 12%) I will have to trim back. What would be a good place to put the money if and when I trim back and do you see a split this year? Below are the past splits. From what my research show they usually split around high 80's
March 18, 2015 2-for-1
September 21, 2005 2-for-1
March 20, 2001 2-for-1
February 22, 1999 2-for-1
September 29, 1995 2-for-1
July 1, 1993 2-for-1
Thanks Jimmy