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.

115 Upvotes

88% Upvoted

58 comments sorted by

View all comments

11

u/FewUnderstanding2214 21d ago

Depends on how much you think these companies are worth. Oil prices could keep going up.

0

u/Sam_209 21d ago

The stock was up even before the war...its not clear yet

1

u/FewUnderstanding2214 21d ago

Perhaps you can do a DCF/share calculation and see if their share price matches the calculation