Another of the companies that I own in my DRiP portfolio, Fortis, has just annouced a small 4% dividend increase. On top of that, the company has added a 2% discount on shares purchased by the reinvested dividends.
Although this may look like an insignificant increase, it's still means that I'm getting a raise of 6% (since I reinvest those dividends). Who can say with confidence that they'll get that much of a raise at work this year, without having to do any more work, or even asking for it?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment