Compound interest is what occurs when interest previously earned is added to the principle and is considered when calculating future interest – i.e. earning interest on interest. So, what’s more powerful than compound interest? Compound dividends! Compound dividends are like compound interest on steroids – you are not only earning on reinvested dividends, but the dividend rate is increasing.
Here are several companies compounding their shareholder's wealth with increased cash dividends...
Continue Reading »
Tags: HSY, ITW, IGT, GPRE, SCI, BGG, GTY,