Dividend Growth Forum

John Bogle, Vanguard, says:  Future Market Returns = Dividend Yield + Earnings Growth +/- Change in P/E Ratio

http://awealthofcommonsense.com/2016/09/...n-formula/


I've followed the rule: Return is Dividend Yield + Dividend Growth +/- some evaluation.

Father of Indexing seems to like his dividends also.

I don't have the time to read the article now, but based on what you wrote: basically what he is saying is that returns will be the dividend paid +/- the change in the share price?

Is it just me or is this something that should be 100% obvious to everyone?