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Thread: Actual Dividend Growth Portfolio

  1. #166
    Score Early, Score Often gonelong's Avatar
    Join Date
    Sep 2001

    Re: Actual Dividend Growth Portfolio

    I have been working the DGI strategy since 2010 or so. My income has grown pretty significantly every quarter and every year. I am adding money in both my 401K and IRA which will certainly help boost the income but it has also grown organically.

    MMM was one of my first DGI buys in 2010 - 1/4 div was .525/share for $2.10 year. Div has grown to 1/4 $1.36/share or $5.44 year.

    I bought it at $90 or so, it is at $202 currently - a back of the napkin calculation shows it has returned $21.54 in Dividends ... or about 24% of the original purchase price (in reality more than that since I have DRIP'd the divs and getting divs on those new shares). That drops my cost basis to under $68.46 so I am approaching at a triple on my first purchase under the strategy - not too shabby!

    If I live long enough perhaps MMM will return my entire purchase price to me and still be paying me that big old dividend.


    JaxRed (10-19-2018)

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  4. #167
    Join Date
    Apr 2005
    Utilizing Catholic Moral Code

    Re: Actual Dividend Growth Portfolio

    ADP gave those of us who own it a 14.5% raise. That's very, very nice.


    goreds2 (11-07-2018),JaxRed (11-06-2018)

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