did ST Eng reached bottom recently?

i invest primarily for dividend aka cash flow. when the yield goes up, i give the counter a second look and ask myself whether the yield rise is sustainable. in other words, the drop in price is rational or irrational. in the market traders and investors co exist. and amongst traders and investors, there are many sub groups.

back to the st eng. i decided to add around 320. i have no idea whether it would drop more or not.

but to me, that 320 price is its many years low and looking at its earnings, it should be able to sustain its dividend payout in 2018.

and true enough, as i said i don't know whether 320 is its low, it fell lower. then recovered.

i intend to keep this for long term, 5 and 9 dividends are like clockwork, well liked by investors like myself.