Can someone reconcile the dividend for me please
I'm asking this in all seriousness. I keep hearing about how great the dividend is. That said, if we go back 5 years from today, each year paid 1 dollar per share annually. So 5 years ago today the stock was $18.90 a share. Yesterday the stock closed at $11.23 a share. Subtracting 11.23 from 18.90 the total loss is $7.67. Based on a $1.00 dividend per share annual payment a shareholder would be $2.67 down in 5 years.
Am I to understand that over 5 years the long-term shareholders are glad they are only down $2.67 instead of down $7.67?
I know that everyone claims to have cost averaged down on a regular basis, sold at the highs and rebought at the lows, and NEVER pay commissions or fees, however, I think most of us know that's either not true or extremely rare.
Taking things one step further, I would like to hear back from the people who are always screaming "short squeeze" and how and when that will happen and what effect it has on the share price if it does happen; the people who always post about this "$20 share price coming soon" and lastly the people who actually will admit what price they bought in at and when as well as their holdings. This way we can verify by checking sales for a specific day and see who is telling the truth.
I don't expect anyone to actually respond to this other than making snarky comments but that speaaks volumes when it happens.