RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:QuestionYes, to each his own.
But one point in favour of buy and hold dividend investing is the potential for dividends to grow substantially over time. Before you know it, you can be making 20 or 30% a year on the dividend alone based on your initial capital invesments. Finding stocks like this are better than the legendary penny-stock ten bagger but actually aren't that hard to find and you're taking on far less risk.
Of course CPG has not been a dividend grower but I'm pretty sure it will one day be and I'm happy to be collecting 7% until it does start growing it's dividend.
Another point - maybe others are more ambitious and savvy but my goal is merely to earn an annual return of 8%. If I can, I will do very well. With a stock like CPG, earning 7% on the divvy alone, it's one part of my portfolio that I have no doubt will do it's fair share toward the overall 8%.