Charles E. Kennedy, F.C.S.I.
- Biography:
- Charles Kennedy, Portfolio Manager, joined 3Macs in 1981, Carmen Jankey, Associate Portfolio Manager, joined in 1987. They have worked together for over 17 years. They will help you achieve peace of mind by providing independent investment advice and personalized solutions to help achieve your financial goals.Clients can expect three things – our understanding of your investment objectives and risk acceptability, your understanding of our approach to investing and our performance progress towards the attainment of your investment goals.If you are a prospective client we would be happy to meet with you to better understand your current investment circumstances and discuss how our portfolio management services could be of use to you
- Specialities:
- Discretionary capital wealth management.
- Philosophy:
Continue to buy the great dividend increasers
Stepping back from today’s difficult market, one can appreciate how a steady, consistent and growing dividend stream can gradually grow into a surprisingly large source of investment gain, even though the yield on the TSX is now just over a modest 4.5%.
Four and a half percent may not sound like a lot, since stocks these days can move up or down that much in a single day. But over time, four and a half percentage points make a huge difference. If you can find even a few stocks that pay 4.5% or more in annual yield and increase their dividend at a good rate each and every year for many years, you have gone a long way towards getting your portfolio to really work for you rather than you working to add to your portfolio.
Dividend increasing stocks will outperform the vast majority of non-dividend paying stocks over longer periods of time. If you are going to be an investor for the next 5, 10, 15, 20 years or longer there is still time – and now may be a pretty good time – to get more such stocks into your portfolio.
Any market decline is really just another buying opportunity for long-term investors. There are better days and years to come for dividend increasing investors.
If you are interested in building a diversified portfolio that contributes dividend-increasing power, consider adding more of these companies to your portfolio.
- Research Notes:
Charles Kennedy has written several reports and articles about dividend growth investing.
In this most recent report he encourages investors to look at the yield on cost or their returns on invested capital. Investors should be looking for stocks that provide the combination of current yield + dividend growth + capital gains. Such stocks will easily outpace inflation, even after taxes.
►Dividend Matters - The Magic of Rising Dividends - Returns on Invested Capital
