MDW1954 wrote:There are some very odd comments in this thread!
Apart from the last year, RKT has consistently increased its income, year after year. Post-pandemic, plenty of companies stopped paying altogether, or massively cut them. And we're complaining about a held dividend???!
In FY 2013, which is when I think I bought in, RKT paid a dividend of 134p. Now, it's 174.6p. That's a 3.4% CAGR -- decent enough for me.
As an income-generator, RKT is superb. We might not like the yield, but that's a function of the share price growth, not the income.
MDW1954
I'm not complaining about a held dividend: just saying that the income provided, even given all the years of increases, doesn't amount to a hill of beans I could live on unless I doubled my capital
Sometimes, when I write up my RKT income I wonder if it earns its keep in my portfolio. Of course, I could double my investment then the amount would seem worth the effort, but that is unlikely to happen when I can always buy twice the yield elsewhere. RKT is always dependable, but always too little. When RKT's yield is as good as it gets, I might dip a toe in further. That hasn't happened yet.
Arb.