Dividend reinvestment is not supposed to be exiting .Its a FD replacement that gathers steam as it goes .Capital appreciation is dependent on market whims .Market may not reward good business performance fo very long but dividend will increase if company consistent payout policy and performs. See the REC PE chart …
Consider the case of ITC and HUL between 2002 to 2022 . If you bought ITC for capital appreciation in 2012 seeing its price action for past 10 years you would have got no returns till end of 2021.But the dividend has continued to increase.
Dividend investment policy is for long term . As mentioned in the post by @sivaram ,see what happens over long term .
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