No it’s far less, COST Is half 1 %. Average it out it’s hardly 2%. Better be holding for growth with half a percent dividend, which is what COST holders hold for. for good dividends you can find 5% floor stocks that are very safe. I actually discuss my biggest holding in my recent Trad-Fi post. I bought at $29 when paying 10%. It’s doubled past 18 months and though only 5% plus for new buyers, this is a safe dividend play.

@thefed/one-of-my-best-value-stocks-right-now-why-i-continue-to-hold-bti-for-income-and-long-term-value