Today is another dividend day for KDK Fund (cue Forrest Gump explaining that he went to meet the president.....again scene). AT&T just released its quarterly dividend of $0.46 per share today. This presents an annual yield of about 5.25% based on today's stock price.
Dividends now constitute 0.65% of the portfolio. The next expected dividend will be received from Realty Income on around May 15. The fund currently has 20 dividend days throughout the year.
Dividends are one of the pillars of investing with KDK Fund. The plan is to use dividend reinvestment to push further dividend payments as high as they can go. Nobody can argue that the practice of dividend reinvestment with the right stocks/ETFs can put an investment account on exponential long term growth pattern.
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