Watching Dividend Payments Grow
I feel like I have been talking about this a lot lately, but I was entering some dividend payments I recently received into Microsoft Money and say the dramatic effect of reinvesting dividend payments. I am going to take one of my stocks as an example and show you what has happened over time. The following chart shows the various dividend payments I have received from one of my best holdings - RBC Royal Bank (RY.to). You will notice that over time the dividends that I receive has been …