Your dividend is 4% if you bought the stock at 15. If you bought the stock at 20 your dividend is only about 3%...........and you have lost 25% of your money. Collecting your dividend and waiting means waiting about 7 years to get your money back (without inflation adjustment). Lets not try to rationalize bad investments. PBCT hasn't lost as much of your money as other banks but dont be fooled, its not making you anything either.