08-16-2013, 09:59 AM
Just doing a quick look at Fastgraphs, AFL has a 20 year DGR of 17.6% and an annual total return with dividends reinvested of 15.5%. It is projected to return 17.4% annually for the next 5 years.
$10,000 invested 20 years ago would have received $25,498 in dividends if they were reinvested and would be worth $168,340 in total.
The yield may not look very impressive at current rates, but this has been a great stock and is at an attractive valuation even after its run up.
The low yield keeps it off of some investors radar, especially hardcore dividend growth investors or those at or near retirement who need the income from investments for living expenses. For anyone with a longer term focus who is still in the accumulation phase (me), I think it is a great stock for a portfolio.
Long AFL.
$10,000 invested 20 years ago would have received $25,498 in dividends if they were reinvested and would be worth $168,340 in total.
The yield may not look very impressive at current rates, but this has been a great stock and is at an attractive valuation even after its run up.
The low yield keeps it off of some investors radar, especially hardcore dividend growth investors or those at or near retirement who need the income from investments for living expenses. For anyone with a longer term focus who is still in the accumulation phase (me), I think it is a great stock for a portfolio.
Long AFL.