Monday, April 4, 2016

GLW AND CNP INCREASE DIVIDENDS

I've been busy reading annual reports from some of the stocks and funds in which I own shares.  I happy to see that at least two of them, GLW and CNP, have increased dividends for 2016.  GLW raised their dividend by 12.5% and although CNP had a much smaller increase, I'm happy to see it going up instead of down.  When you own stocks with increasing dividends, you gain more shares over time through reinvested dividends, but it also increases the yield on your original investment.  A very important measure of a good investment is one that continues to grow in value with no additional cash invested.  These are the type of stocks that you want to hold on to forever.

No comments: