Not Buying Dividend Growth Stocks? Here's How Much Money You're Losing
If you're investing in a dividend stock that doesn't raise its payouts regularly, you could be missing out on lots of potential income. That's because over time, inflation will chip away at your returns. Collecting $1,000 in dividend income today could be the equivalent of just $817 in a decade (assuming an inflation rate of 2% each year). But how much could you be missing out over a longer period of time, and when investing a larger sum of money?
Below, I'll look at Walgreens Boots Alliance (NASDAQ: WBA), which as a Dividend Aristocrat has a terrific track record for consistently raising its payouts, and how much more you could potentially earn by investing in it than you would with a stock that doesn't increase its dividend payments.
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Source Fool.com
