sparkly wrote:Ericsson wrote:Share price is at negative YTD compared to what it opened the year at.
January 2 it opened the year at 22.5.
Current price is 20.
You tell half the story bro. The full story is that Ken-re has grown shareholder value, issued dividends consistently in the last 4 years and hasn't suffered capital losses.
Those who aim for quick capital gains do not appreciate the stability of consistent dividends.
A frugal person with a good working personal budget will enjoy dividends from his portfolio in a monthly basis.
If you get dividends totalling kshs 600,000 annually from ten different companies,you can divide the amount into 12 months average of kshs 50,000.You then withdraw once a month from your account into your budget exlenditure and savings.
Towards the goal of financial freedom