The market is down again today. I’m trying to take advantage of this bad market by stacking up on one of my favorite dividend stocks, Medical Properties Trust (MPW). I just bought another 50 shares with the stock down. I paid $9.90 for these shares and now own 1345 shares at an average price of $11.44.
Buy 50 Shares @ $9.90
We hate when the market goes down but it does give us an opportunity to buy more high dividend stock at a lower price. MPW pays its dividend on 4/13/23. I would not mind if the stock stays low until then so my dividend payment will buy me more shares. But I guess I better watch what I wish for!
Remember, I also own 1000 shares in my margin account. I’m trying to get a Call sold but the stock is too low. However, I will hold these for the dividend. With these shares I own 2345 shares.
Successful trading,
Steve
The Options Coach
Good job, Coach!
Thank you, Clyde! I want more at a lower price but It’s nerve racking watching it go down lol.
Steve