That’s the amount since July 31st that the average yield on my DivG portfolio has increased. If my portfolio generated $1000 in dividends on a yearly basis – that means in only twenty-five days I’ve received a raise of $84.30 for simply holding onto these positions.
Yet, remember the market turmoil that the media has been salivating over in recent weeks? Well companies such as RY, SLF, SAP, TD, RCI.B, GWO & IGM have all increased their dividends impressively (in only the past 30 days). While some investors focus on intangible factors that may or may not effect a company’s current position or valuation…I remain focused on the long-term – picking up key elements of this portfolio’s strategy for the future.
Sometimes I feel that helping to put one element into perspective helps those investors fretting over the recent volatility and possibly doubting their investing strategy. The market WILL test your patience frequently, yet if you’ve taken the time to develop, implement and execute your chosen strategy – then the rewards can be impressive in simple forms.