02-20-2025, 08:50 AM
Hey folks,
Clearly I haven't been around in a while. Sorry about that, but life seems to live me more than I live it oftentimes. Hoping to change that.
Anyway, my portfolio still chugs along, throwing off a nice pile of dividends, but of course with the market where it is, most of the new worth gains have been from capital appreciation.
But I just looked though all of my DG holdings, and I gotta say, the dividends just aren't growing like they used to. Hopefully it is just a lull in the current climate, but it seems like most of my holdings are increasing their dividends on the order of 1 to 4 percent per year, which feels pretty underwhelming. One notable exception is AFL, which I still love, but its current yield is pretty underwhelming.
In some cases, it is because the yield has gotten too high, and in others it feels like the company is just being more conservative, or perhaps more focused on buybacks.
So is the DG thesis breaking down, or are we just in a lull? If I were just starting out today, I'm not sure I'd see it the same as I did 20 years ago.
Clearly I haven't been around in a while. Sorry about that, but life seems to live me more than I live it oftentimes. Hoping to change that.
Anyway, my portfolio still chugs along, throwing off a nice pile of dividends, but of course with the market where it is, most of the new worth gains have been from capital appreciation.
But I just looked though all of my DG holdings, and I gotta say, the dividends just aren't growing like they used to. Hopefully it is just a lull in the current climate, but it seems like most of my holdings are increasing their dividends on the order of 1 to 4 percent per year, which feels pretty underwhelming. One notable exception is AFL, which I still love, but its current yield is pretty underwhelming.
In some cases, it is because the yield has gotten too high, and in others it feels like the company is just being more conservative, or perhaps more focused on buybacks.
So is the DG thesis breaking down, or are we just in a lull? If I were just starting out today, I'm not sure I'd see it the same as I did 20 years ago.