RE:RE:RE:27.05, Up .92 cents Better Results in Canada, Worse In AsiaI understand your point, but my perspective is, I want the dividend AND Share Price Growth. Compare Manulife to RY over thhe past ten years and it is really easy to see which has been the better at both. RY has doubled and pays 4%, MFC is basically flat to up 20% depending on when you bought and pays 5.4%. The extra 1.4% does not come anywhere close to offestting the share price staying flat. The other think to consider is the 4% dividend on the current RY share price, would actually be an 8% dividend on your cost base, so realistically you are making far more dividend income on the money you invested than you are with the same money in MFC.
willyk3 wrote: The stock price can lurch back and forth but really..do U much care if U are hloding mostly for the divvy..and that has not dropped..
I dont envision a repeat of the dividend debacle of the meltdown years ago
Not planing on selling anytime soon