Not investing advice. Just some notes from 5 years of dividend investing.
Here are the average annual dividend increases I've received over the last 5 years in my TFSA. I present this for people thinking of getting into dividend investing. It's a attempt at showing how long term dividend investing can really pay off. I have other holdings that have not increased as much, but still increase annually. I have had BELL, which decreased a while back and I then sold. BELL was my only holding to decrease in 5 yrs. Good luck to all you dividend investors.
MFC.TO has increased an average of 11.7%, with a current yield of 3.647%, my div yield on cost is now 6.506%.
BMO.TO has increased an average of 11.5% with a current yield of 3.209%, my div yield on cost is now 4.83%.
POW.TO has increased an average of 8.3% with a current yield of 3.64%, my div yield on cost is now 6.394%.
TD.TO has increased an average of 7.4% with a current yield of 2.996%, my div yield on cost is now 5.241%.