Originally Posted by
iceman
A great example of letting your winners run. A good example of a winner on our NZX is MFT, which is never regarded as a dividend stock. But the other day I worked out how much I have been paid in dividends on the first lot of MFT shares I bought in 2006 at $ 4.25 and have held ever since. The dividends paid in these 16 years add up to $ 5.9561 per share and 2022 alone saw dividends of around 18% on the original purchase price. Given the huge capital gains as well, the compounding nature of stocks like this is just incredible and something I believe many newbies underestimate.