Wednesday, November 3, 2010

Pleasant Correction II

Received from EIX an extra Xmas present - a dividend of $63, although I had thought being called away on October 12, while away on vacation, I would receive none. EIX actually went ex-D in late September, so I was surprised that it was called away early. Still, the extra dividend makes it a 9% annualized return on the 4 month holding, not 6.1%
Standard and Poor's notes that 84% of the Total Return from stocks in the past decade 2000-2010, was from dividends.

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