Drip Drip Drip
Dividend reinvestment program...
Some companies provide dividends, you can choose to recieve the dividend in cash, or you can choose to reinvest the dividend back into the company stock. I own several stocks that pay dividends and always choose dividend reinvestment.
The logic? Each dividend paying stock position will grow to earn more dividends. Over time, it can generate a large amount of income.
My recent dividends:
Taxable: 02/01/07
Boston Properties: $6.08 (purchased .0549 shares)
General Growth Properties: $18.00 (purchased .2943 shares)
S&P Index fund: $15.85 (purchased .1099 shares)
Retirement Dividends:
General Growth Properties: $18.00 (purchased .2943 shares)
S&P Index fund: $15.85 (purchased .1099 shares)
It may not seem like much, but when viewed on a larger scale, the reinvestment of dividends can lead to great things!
Until next time,
Thor
Fool.com dividend reinvestment story
Some companies provide dividends, you can choose to recieve the dividend in cash, or you can choose to reinvest the dividend back into the company stock. I own several stocks that pay dividends and always choose dividend reinvestment.
The logic? Each dividend paying stock position will grow to earn more dividends. Over time, it can generate a large amount of income.
My recent dividends:
Taxable: 02/01/07
Boston Properties: $6.08 (purchased .0549 shares)
General Growth Properties: $18.00 (purchased .2943 shares)
S&P Index fund: $15.85 (purchased .1099 shares)
Retirement Dividends:
General Growth Properties: $18.00 (purchased .2943 shares)
S&P Index fund: $15.85 (purchased .1099 shares)
It may not seem like much, but when viewed on a larger scale, the reinvestment of dividends can lead to great things!
Until next time,
Thor
Fool.com dividend reinvestment story
posted by Thor @ 7:21 AM
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