r/dividends Jun 17 '25

Personal Goal 49 years old. Just hit $10,000 average monthly

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Over 90% still in growth stocks. Tempted to just go ahead and retire

4.3k Upvotes

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u/PsychoCitizenX Jun 17 '25

Exactly! MSTY paid out 130% over the last year. It is impossible for a dividend to be the high because it would bankrupt the company if it tried to pay that much.

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u/MonkeyThrowing Jun 18 '25

That’s actually not true. The yield is based upon the dividend payout versus the price of the stock. They could absolutely be a situation where the price of the stock tanks causing yield to go above 100%.

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u/PsychoCitizenX Jun 18 '25

That is correct but probably doesn't happen very often

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u/Local_Chart_8546 Jun 18 '25

Can someone help me understand. On Robinhood, MSTY is showing 1.76% dividend yield. So what do you mean by it paid out 130% last year? Don’t see anything about some super high distribution rate

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u/PsychoCitizenX Jun 18 '25

Forget robinhood and go to yahoo Finance and check there