OCA dividends may be partially imputed from FY20 onward. I think this is a company you could be fairly confident would increase dividends by a double digit percentage figure per annum going forward in my opinion.
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OCA dividends may be partially imputed from FY20 onward. I think this is a company you could be fairly confident would increase dividends by a double digit percentage figure per annum going forward in my opinion.
Having a fully imputed divie does not concern me if the share price is tanking. You are just paying your own money back to yourself...? Give me stocks that grow and give a little dividend. Better for the getting ready to retire moment. Percy I fully understand you are at a later stage of your life and you need an income for the little ones and yourself. You can sell shares that grow and maybe twice to four times a year, give yourself what you need for spending money
Yes I love my divvies also but have been seriously skunked recently by near six to one by my AIR holding, however HLG will be paying me a nice big one in December coupled with it's defensive nature over the last while I'm pretty happy overall, also happy with my XXXOS sized holding in OCA.
I have set myself up very well for retirement.The market has been very kind to me .For mainly tax reasons I now seldom trade.Buy to hold forever.
My dividends are on a very good capital base thanks to being successful.
My experience is that companies that have the capacity, and do in fact pay increasing fully imputed dividends, will in time see their sp rise.
So if my shares halved in value tomorrow it would have no affect on my income.What would affect me would be companies reducing their dividend.
I hold GNE,HGH [HBL],MCK,MEL,MVN,OCA,PGW,SPK and TRA.plus holdings in a number of "interesting" companies which will either enjoy great growth or will be dead ducks.I see no reason for any of the above companies not increasing their dividends over the next few years,therefore I see the capital value of my portfolio doubling or tripling over the next three to five years..
A timely (and good) article echoing your advice may help those sweating at the recent 'correction.' https://www.washingtonpost.com/busin...=.53a2dcd5c906