02-20-2014, 02:32 PM
Well, sure, a 2% raise on a large base is more dollars than a 9% raise on a small base. But, if all goes to plan, there will come a day when the income I receive from my stock portfolio is close to or more than the income I receive from my labor. At that point, the bases will be the same, and the dividend raises I get will make my salary increases seem shabby in both percentage and absolute terms.
I agree that 3% is not that exciting, but I am convinced that dividend growth also entails price appreciation, and that when you allow those to do their work for a long period of time, you're going to do well.
I agree that 3% is not that exciting, but I am convinced that dividend growth also entails price appreciation, and that when you allow those to do their work for a long period of time, you're going to do well.