I have written about this a number of times, but it is well known that dividends make up a huge portion of a stocks return over time. The chart below really hits this point home:
Enough said there!! If I look at some of my holdings, I can see clear growth simply by looking at book value, market value, and income received. For example, lets take a look at by Royal Bank of Canada holdings:
| Stock | Book Value | Market Value | Income |
| Royal Bank | $6348 | $11,240 | $731 |
If you ask me, I would say that I have seen growth from this stock as well as income. Considering that I first bought this in 2004 my return has been great. So, if someone (i.e. your broker) tells you that you can’t get growth from income producing stocks - beg to differ!
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Excellent point. Southern Peru Copper (PCU) has been great (to me) over the last couple of years.
Best wishes,
Declan
Great post there…Keep up the good work..=)