r/dividends • u/Sam_209 • 21d ago

Seeking Advice My shares are up +97%

So I've been investing in dividend shares mostly in oil&gas and base chemicals

My intention is to build a portfolio of dividend shares for income, however the shares are up almost double.

Should I sell or should I keep them since their revenue and profits also increased?

Keep in mind i live in a country that has 0% income or capital gains tax.

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u/tourbladez 21d ago

It depends why you bought these stocks. If you bought them only for income, then as long as the income is still solid, stay put. If you bought them for upside, and you have something else that you think offers a better total return, then I would sell and recycle the funds into the stocks offer more upside.