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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Steve Felix who wrote (13378)	12/11/2012 10:20:09 PM
From: rnsmth	Read Replies (1) \| Respond to of 34328

One problem for me is that they talked about a low double digit increase in cash flow and a low single digit increase in dividends. I suspect I am older than your girls :)

To: Steve Felix who wrote (13378)	12/11/2012 10:51:44 PM
From: chowder	1 Recommendation Read Replies (1) \| Respond to of 34328

Steve, I have a different outlook than most folks. I consider myself a dividend growth investor. My priority is the growth of the dividend. When I look at the dividend growth for WM over the last few years, these are the dividend growth rates I see: 2010 ... up 8.6% 2011 ... up 7.9% 2012 ... up 4.4% 2013 ... up 2.3% The dividend growth is trending the wrong way. The dividend growth no longer will offset inflation. Based on what my goals are, WM may still be paying a dividend and increasing it, but it no longer supports my objective of an income stream that rises above the inflation rate. I don't blame others if their goals are different than mine, but the safety of the dividend, and the company, is a mute point to me if the dividend can't grow more than 4% per year, especially when the capital appreciation is lacking as well. I held O with its low dividend growth because my secondary objective of capital appreciation was being achieved. WM is doing neither. I will sell WM at the open in the morning,