08-30-2015, 06:28 PM
Looks like a really solid foundation to build upon - nice work! My only critique would be the lower dividend growth profile of some of those companies given your 30-35 years until retirement. If you don't need the income today, you might be better off with slightly lower current yields but much better long-term growth potential. For example, rapidacid's mentioned TROW, which appears to have really good long-term dividend growth prospects.
You can look at a company's payout ratio (amount of dividends paid as a percentage of a company's total earnings or cash flow) to get a basic idea of how much room there is for a dividend to grow. I prefer sub-50%, but I also have a relatively long window until retirement.
You can look at a company's payout ratio (amount of dividends paid as a percentage of a company's total earnings or cash flow) to get a basic idea of how much room there is for a dividend to grow. I prefer sub-50%, but I also have a relatively long window until retirement.