Dividend payers are a lot like owning real estate. Even if the value of the property drops, as long as that rent check keeps coming you’re not likely to panic and sell into a loss. You get paid to wait for a recovery.
It’s OK to use limit orders, but I recommend only placing them when you are actively watching the market in real time.
There is very little human trading going on now, the futures are all driven by algos and the futures drag individual stock around.
Instead of picking a price and setting a limit order to buy at that price, set an alert so you get an email(s) when the price hits a number of levels close to that price.
So if your target price on a buy for T is $32.00, don’t place a limit order good for 30 days. Set alerts at (depends on how far away it currently is from your target) $33.00 and every 10 or 20 cents down. When it gets close to your target, hop online and fire up whatever ability you have to see real time streaming quotes and/or times and sales, so you can see what’s going on. Then place your limit order, wait and see if the price moves to it, and either cancel it if it doesn’t, or make your choice to pay 32.05 or 32.10 or whatever, to get your fill.
You don’t want to have your buy trigger without you knowing what is actually happening at that moment. Could be a flash crash, could be a nuke, could be a run-of-the-mill bad news that gets you filled at 32.00 and it ends the day at 30.00. Too much risk in leaving limit orders sitting out there unattended.