TSX:BCE - Post Discussion
Post by
SIGG1 on Mar 15, 2024 10:33am
Ignore the noise people
Like they always say, ignore the noise...
The fear mongering about cutting the dividend is non-sense at the company just raised the dividend a few weeks ago...
This is just noise to shake the tree and get rid of the weak hands and steal your shares.
Those shares are real cash machines when held over a long period of time. Reinvest your dividend for a very powerful compounding effect.
$10,000 invested today with dividend reinvestment every quarter on a 25 year period; Accumulation Schedule
| Year | Deposit | Interest | Ending balance |
| 1 | $10,000.00 | $888.13 | $10,888.13 |
| 2 | $0.00 | $967.01 | $11,855.15 |
| 3 | $0.00 | $1,052.90 | $12,908.04 |
| 4 | $0.00 | $1,146.41 | $14,054.45 |
| 5 | $0.00 | $1,248.22 | $15,302.68 |
| 6 | $0.00 | $1,359.08 | $16,661.76 |
| 7 | $0.00 | $1,479.79 | $18,141.55 |
| 8 | $0.00 | $1,611.21 | $19,752.76 |
| 9 | $0.00 | $1,754.31 | $21,507.08 |
| 10 | $0.00 | $1,910.12 | $23,417.19 |
| 11 | $0.00 | $2,079.76 | $25,496.96 |
| 12 | $0.00 | $2,264.47 | $27,761.43 |
| 13 | $0.00 | $2,465.59 | $30,227.02 |
| 14 | $0.00 | $2,684.57 | $32,911.58 |
| 15 | $0.00 | $2,922.99 | $35,834.58 |
| 16 | $0.00 | $3,182.59 | $39,017.17 |
| 17 | $0.00 | $3,465.25 | $42,482.42 |
| 18 | $0.00 | $3,773.01 | $46,255.43 |
| 19 | $0.00 | $4,108.10 | $50,363.53 |
| 20 | $0.00 | $4,472.96 | $54,836.49 |
| 21 | $0.00 | $4,870.22 | $59,706.71 |
| 22 | $0.00 | $5,302.76 | $65,009.47 |
| 23 | $0.00 | $5,773.72 | $70,783.19 |
| 24 | $0.00 | $6,286.50 | $77,069.69 |
| 25 | $0.00 | $6,844.83 | $83,914.52 |
Be the first to comment on this post