I forgot to post about DivGro’s 58th Home Run, so here goes…
When a stock in my portfolio doubles my original investment on a total return basis, I
assign it Home Run status.
As a dividend growth investor, I invest in high-quality dividend growth stocks
with long histories of increasing annual dividend payouts.
Unless the underlying fundamentals change, there’s rarely a reason to sell
these stocks. And if I hold them long enough, they’ll eventually double my
original investment in total return and become Home Run stocks!
To see which stock became DivGro’s 58th Home Run, please read this article at DivGro 2.0.