"We think dull is good, boring is good. A little bad boy deep inside would like a bit more action, but in fact it is steady, consistent, step-after-step progress over time that makes an investment a good investment at the end of the line, so those who want to quicken the pace might consider taking care in what they wish for." - Lowell Miller
 
 
WHY DIVIDENDS MATTER
    This illustration shows what would have happened to a $1 million portfolio if it was invested on January 1, 2000 in a strategy with high current dividend yield combined with growth of dividends. The pro-forma returns were based on an actual client's performance before the deduction of fees (return from dividend and return from principal). All dividends were reinvested.This chart is for illustration purposes only to demonstrate the impact that rising dividends can have on total return over time, especially in a sideways market.    
   

Proforma Dividend Portfolio

Growth of $1 Million (January 1, 2000 - March 31, 2009)

      
           
Dividend Portfolio Total Return $1,017,400
Dividend Portfolio Cumulative Dividends Paid $791,800
S&P 500 Total Return $639,640
Dividend Portfolio Principal Return $567,040
 
 
 

 

The hypothetical past performance in this report is for illustration purposes only. You would not necessarily have obtained these performance results if you had held this strategy for the periods indicated. Actual performance results of accounts vary due to factors such as the timing of contributions and withdrawals, client restrictions, rebalancing schedules, fees, and costs.

These materials are solely informational. Legal, accounting and tax restrictions, transaction costs and changes to any assumptions may significantly affect the economics of any transaction. The information and analyses contained herein are not intended as tax, legal or investment advice and may not be suitable for your specific circumstances; accordingly, you should consult your own tax, legal, investment or other advisors, at both the outset of any transaction and on an ongoing basis, to determine such suitability. Any investment returns, past, hypothetical or otherwise, are not indicative of future performance.

*Shown in gross of fees.

Disclosure