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Dividend growth investing
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It is volatile days like yesterday which make me happy that I am a long term dividend investor, not subject to the whims of program traders and trading errors. Relying on the consistent and growing dividends of quality dividend stocks is a sound way to make money in any market, without losing your mind.

Below you could find snapshots of the time and sales of Procter & Gamble (NYSE:PG) stock from the lows Wednesday.

And here is the stock chart from yesterday:

Compare this chart to the chart of annual dividends. The annual dividend per share has increased by an average of 11% annually, which is below the growth in earnings. An 11% growth in dividends translates into the payment doubling every almost every six and a half years. Procter & Gamble has managed to double its distributions every seven years on average since 1973.

I think that Procter & Gamble is attractively valued with its low price/earnings multiple of 15, a not too high DPR. The current dividend yield is 3.10%. I would be a buyer of Procter & Gamble and other quality dividend stocks on dips.