08-26-2013, 09:31 PM
Good point, Horace. However, I think that everyone has an individual goal in terms of the combination of yield and DGR. For instance, I'm 54, and my time horizon is 10 or so years, but I have really good cash flow so I don't really have to be worried about income for a while. As a result, my portfolio yield is only 2.73% but the DGR over the last 3 years (excluding one holding which doesn't have a 3 year history yet) is 23%. However, there may well be folks younger than I who prefer a higher current payout just based on individual preferences. It's all about what trips yer trigger 