RE:RE:RE:Dividend Increase Supports The StockMOJOJONO wrote: Short term outlooks for chasing dividends is a joke.
Long term reliable quality company dividend investing is no joke.
Taking BCE's example of raising their dividend 97% since Q4 2008
Declaration Date: Dec 12, 2008
Price: $21.23
Dividend: $0.365 (1 Year: $1.46)
Yield: 6.87%
If someone held since then, dividend reinvesting not included.
March 15, 2017 Dividend: $0.7175 (1 Year: $2.87)
Yield to cost: 13.51%
Without trading nor worrying about fluctuations in the market 13.51% yearly cash-in-hand return.
Not bad.
And you forgot to add the 170% growth in capital on your original investment. Roughly a 13% compounded annual growth over the 8 years.
Cheers.