Dividend Investing

I know when I was reviewing Power Corp analysis showed that it has not performed well for some long term investors. See chart below. The main reason is the stock price has not done well, especially lately. For companies like Power Corp, you expect that half your total return would be from capital gains and half from dividends. It is the capital gains that have not done well.

From	Years	Div. Gth	Tot Ret	Cap Gain	Div.
2017	5	7.02%	5.00%	-0.32%	5.32%
2012	10	5.49%	7.46%	2.30%	5.16%
2007	15	5.23%	2.20%	-1.53%	3.72%
2002	20	8.37%	7.57%	2.89%	4.67%
1997	25	9.50%	7.97%	3.71%	4.26%
1992	30	10.96%	12.89%	7.27%	5.62%
1987	34	9.80%	10.83%	6.46%	4.37%

However, I personally have not lost faith in this company. The reason being that it has produced nice dividend income for me. I have data for this company going back 35 years and of those years, the company has raised dividends 26 times or 75% of the time. They have never cut their dividends over those 35 years.

I currently live of dividends, so I have not been displeased with this company. I came from Power Financial before it was amalgamated with Power Corp. I bought Power Financial some 21 years ago. Over these 21 years, I have received over $75,000 in dividends.

So, there are some good reasons why this company is on dividend investing lists, such as the Money Sense list and the Aristocrats list.

On my other blog I wrote yesterday about Algonquin Power & Utilities Corp (TSX-AQN, NTSE-AQN) ... learn more. Next, I will write about Goeasy Ltd (TSX-GSY, OTC-EHMEF) ... learn more on Wednesday, June 14, 2023 around 5 pm.

This blog is meant for educational purposes only and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

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