November is not shaping up to be a spectacular month
for organic dividend growth but October was a boom with 6 different companies giving me raises.
Not exact matches
Without prospects
for organic growth, companies may choose to return value to investors through
dividends.
I think 5 - 7 %
organic dividend growth is definitely possible over the long haul, and is basically the rate I use
for my long - term forecasts.
That allows me to make predictions with regard to Year over Year (YoY)
organic dividend growth and my expected Yield on Cost (YoC)
for specific positions.
After the three stock acquisitions (Britvic, ReckitBenkisser and Imperial Brands) and due to further
organic dividend growth on my existing positions, my current projected
dividend income
for the year now is well above USD 6» 000, one third higher than in the previous year (2017: USD 4» 500).
But
for the «what's the point» crowd, I also note what that
organic dividend growth translates into.