Jock,
The "boring" dividend stock, Washington REIT (WRIT -- NYSE:
WRE) does it -- increasing earnings by a "boring" 18%... again!
What a bore, huh?!
Excerpt:
WRIT's streak of 35 consecutive years of increased earnings
per share and 28 consecutive years of increased
FFO per share growth spans 4 recessions. WRIT's dividends
have increased every year for 30 consecutive years.
During these 30 years, WRIT's dividends have increased 36 times,
a record unmatched by any other publicly traded real
estate investment trust. WRIT shares are publicly traded
on the New York Stock Exchange (symbol: WRE).
Don't count on WRE to cut its dividend! <g> In the last 30
years, a $10,000 investment has increased to $1.6 million,
almost mainly because of dividend re-investment.
Turn $10,000 into $1.6 million? Did I hear somebody say that
they can do it in a mere two years by dabbling in tech
stocks selling at God-knows-what-valuations?! Not
anymore! Because... "The era of funny money is over"
Welcome, "investors", to the world of dividends, aka "the
world of real money"! <g> |
