Jake Johnson

Simon Property Group: My Kind of Dividend Growth

Just my opinion. Apparently it is not a popular one here. I don't allow current events to dictate my long-term investing style. In fact, I take the opposite tact. Only the future will tell the tale. Thanks for taking the time to read my article and post an opinion.

Simon Property Group: My Kind of Dividend Growth

I would argue that you are both using a short sighted point of view, whereas I am looking long-term. Trying to link Internet stock prices with dividend growth is absurd. One has nothing to do with the other. People ran up Internet stocks based on irrational exuberance. How can the same be said for dividend growth?

Progress Energy: Consistently Growing

Yes you are correct, I used the wrong dividend number. The paragraph should read...

If you had invested in PGN 7 years ago on this date, then you would be a very happy camper. The stock price has grown 48% from $32.98 to $48.75 at the close today. The dividend has increased 18% as well from $2.06 to $2.44. The yield on cost on those original shares would net you 7.4% today.