Is the JWEL stock (Jamieson Wellness) worth holding?
Asked 5 years ago
A friend recently bought a significant amount of the JWEL stock via a CFD. so I'd like to give her advice on it. The stock has been pretty stable in the last 5 years, but I think that the dividend yield is a bit low. What are your recommendations on it?
Andrew Moran
Thursday, June 24, 2021
Jamieson Wellness has been a dependable stock since going public four years ago. It is slightly off its all-time highs, but there is still plenty of growth potential.
It also helps that it pays a healthy quarterly dividend of $0.125. The company even raised it in the middle of the coronavirus pandemic, from $0.10 to where it is today.
Overall, this would be a great stock to have in your back pocket.
It might not be something to mortgage the farm, but as a stock that represents around five to ten percent of your portfolio would be a decent position.
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