A simple plan to re-invest the earned dividends back into the share.
During 2023 you would have achieved the holy grail of investing that you could take out your stake and invest in another high yielder and have a share in your portfolio producing income at a zero, zilch nothing cost.
After you have re-invested your capital, you could carry on re-investing your dividends back into the share and try to do it all over again, or re-invest your dividends subject to the available yields in the market.
| Dividends per share paid since inception | 82.99p |
Current yield 10.2% Current discount to NAV 30%
If you re-invested the dividends elsewhere, you are still only a few years away from having all your capital returned and you will have two shares adding dividends to your Snowball.
Dividend target per share 8.90p from 8.80p
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