Homer (@Simpson) on getquin

Homer

@Simpson

2Mon·

"Dividend stocks are the fuel for your yield snowball"

Homer Simpson September 12, 2024

10.09

Exxon Mobil

Received x53 Dividends at $0.95

$50.35

29 Comments

Topper H.@TopperHarley

2Mon

If Warren Buffet had listened to the dividend haters in 1988, he would not only have missed out on a hefty price gain on his Coca Cola shares, but also a current dividend yield of a good 56% in relation to his invested capital.

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Satoshi Nakamoto@DonkeyInvestor

2Mon

I like Ponzi schemes. I am invested in $BTC

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K@TechNav

2Mon

And any dividend tax will reduce your potential total return at the end of your investment journey. 🧳🛑🤷‍♂️

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FinanceWolf_@FinanceWolf_

2Mon

Correct me if I’m wrong but aren’t dividend kind of pointless? The amount of dividend that is paid out is also decreased from the share price. For example you get 1% dividend then the share price decreases with 1% and you have to pay tax so I don’t get it.

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