04-11-2015, 07:00 PM
I have been studying the U.S.DividendChampions spreadsheet and had a question. Chevron (CVX) shows a 4.08 percent yield and the 10 year dividend growth rate was 10.7 percent so I thought this would be a good purchase, however I also see that the 5 year estimated payback is only 22.1 percent which is only 4.42 percent per year. This is low. Does anyone know how this 5 year estimate is determined? Also is it correct? Wher should I go to research this estimat for myself?
Thanks for your help
Nelson
Thanks for your help
Nelson