02-18-2014, 10:07 AM
I am retired and have a mix of higher yield (4-6%) and lower yield (2.5-3.5%) positions. I pay close attention to dividend increase rates as I require the pay raises to stay in a stock. What does this mean? It means I own BCE rather than T, for example. Overall portfolio yield is ~4%, and I plan to continue reinvesting dividends for another 3 years at which time my early retirement incentive stipend will stop.