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| Compliments of Think Dividends |
At first glance TD's dividend growth may look like it's all over the map, but it averages just over 12% per year. That's a very solid dividend growth record even though there was no increase in 2010.
If an investor had bought TD shares on the first trading day of January 1996, they would have paid $24.63 per share with a yield of 4% on their initial investment. If the shares were kept over the last 15 years, the yield on that same investment would be 10.71%. That's the meat and potatoes of dividend investing right there; a proven, growing return year after year that allows your investment to stay ahead of inflation.
If only I had someone guide my investments back then instead of being stuck in the mutual fund rut like so many others. I probably would have been able to shave four to six years off of my retirement date. C'est la vie! Oh well, the way I see it now is every dividend increase brings me one step closer to financial freedom.
Have a good week everyone!
3 comments:
Addicted: appreciate your comments and blog!
I think one course they should be teaching, in high school is on investing. I for one would have enjoyed taking such a course instead of some that we were forced to take and now seem a waste of time!
One can only imagine had they invested in stocks such as TD above what our position might have been like today, given I am 58 this year.
I too would have avoided some costly mistakes and expenses.
Dannyboy:
My co-workers always talk about how there should be a mandatory class that you need to pass before you graduate from high school. It would involve simple budgeting, an introduction to the stock market and touch on different investing strategies and basic money lessons.
A class like that would have helped me more in life then plotting x and y coordinates...
Nice Post... Keep it up!
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