Hi Dhiraj,
Thank you for this wonderful comment and a constant reminder of long term thinking. I love your work on extracting longer records for so many companies, I just hope you can get more time to keep sharing this kind of work for larger number of securities. I have found them very useful and have used them a lot for my own analysis
Coming to dividends, no other person has ever asked me about it or suggested me to maintain a record. Over past 5-years, my dividends have grown at a very meaningful rate (starting capital size was also very small). My longer term objective is to ensure that annual dividends exceed my net income.
Year | Dividends received (base normalized to 100) |
---|---|
2018 | 100.00 |
2019 | 383.79 |
2020 | 1’151.05 |
2021 | 1’729.63 |
2022 | 2’349.01 |
No scientific reasoning behind it, there are so many stocks having similar risk reward that I find it easier to maintain a certain allocation and worry more about finding new opportunities. At this stage of my life, I am much more interested in broadening my investing universe than worrying too much about exact allocations.
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