Comments on: The Best Blue Chip for 2007 http://www.thedividendguyblog.com/the-best-blue-chip-for-2007/ One Guy's Journey to Passive Income Through Dividend Investing Fri, 10 Feb 2012 13:02:29 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Mark http://www.thedividendguyblog.com/the-best-blue-chip-for-2007/comment-page-1/#comment-3848 Mark Tue, 14 Nov 2006 23:59:40 +0000 http://www.thedividendguyblog.com/2006/11/10/the-best-blue-chip-for-2007/#comment-3848 I own shares of several of those myself. Many of them I hold for the main reason of steady dividends and a long track-record of raising them. Many of them might underperform the market for years at a time, as Coke has, but it's unlikely any of those companies will implode any time soon. One of the things I like most about some of these stocks is how my dividend yield based on cost basis goes up each year. JNJ yields 2.3% if you buy it now, but my invested dollars are yielding 3.4%. BAC yields 4.1%, but my cost basis yield is hovering just below 6%, depending on my mothly DRiP purchases. An additional 15 years of compounding reinvested dividends should create some staggeringly grin-inducing yields. ...as long as nukes don't start going off in Korea or Iran... I own shares of several of those myself. Many of them I hold for the main reason of steady dividends and a long track-record of raising them. Many of them might underperform the market for years at a time, as Coke has, but it’s unlikely any of those companies will implode any time soon.

One of the things I like most about some of these stocks is how my dividend yield based on cost basis goes up each year. JNJ yields 2.3% if you buy it now, but my invested dollars are yielding 3.4%. BAC yields 4.1%, but my cost basis yield is hovering just below 6%, depending on my mothly DRiP purchases. An additional 15 years of compounding reinvested dividends should create some staggeringly grin-inducing yields.

…as long as nukes don’t start going off in Korea or Iran…

]]> By: Latest Finance News » History » The Best Blue Chip for 2007 http://www.thedividendguyblog.com/the-best-blue-chip-for-2007/comment-page-1/#comment-3627 Latest Finance News » History » The Best Blue Chip for 2007 Sat, 11 Nov 2006 05:33:19 +0000 http://www.thedividendguyblog.com/2006/11/10/the-best-blue-chip-for-2007/#comment-3627 [...] Original post by The Dividend Guy [...] [...] Original post by The Dividend Guy [...]

]]>