Quote Originally Posted by Biscuit View Post
Probably, it is a good dividend stock and I like getting dividends. But the dividend was better spent elsewhere. In the same time-frame, many NZ growth stocks have far, far exceeded ANZ's return. Ita a good dividend stock - I take the dividend.
I always take the DRP but I do wonder if it is better to have the cash and make your own investment decisions as and when you see vale wherever it is