Look, our dividends—and the profits that power them—are set to soar in ’24. So it’s prime time for us to shift our returns away from whipsawing share-price action like this:
A Brutal 2 Years—Capped With a Loss
This is the wild ride folks who bought an S&P 500 index fund have been on over the last two years. And what “thanks” did they get for riding that particular roller-coaster?
A loss! They’re still in the red.
Instead, we’re going to shift our profits toward the smooth and steady hum of dividend growth. Check out this sweet “dividend escalator” from insurer UnitedHealth Group (UNH)—more on UNH in a second—showing the company’s incredible 571% payout growth in the past decade:
The Dividend Staircase We’ll Climb—Starting in ’24
Why Dividends Are Primed for Growth
The upshot here is that almost nobody makes the connection between dividends and share prices.… Read more