BACK TO THE FUTURE

Or how to get rich without taking big risks with your hard earned.

You knew that CTY had paid an increasing dividend for over 40 years. The share was sold off during the covid crisis as some shares cut their dividend forecasts but you knew that CTY had reserves to pay their dividend in crisis times and you knew that CTY had only had to use their reserves to pay their dividend, in 40 years plus, twice.

If you bought at 316p the dividend was 19p yield was 6%, the dividend is now 21.3p, you will receive the 6% plus yield for

One problem would be there were other dividend hero shares that were paying a higher yield as the prices fell but

With dividends included you have achieved the

The current yield is 3.8%, as the price rises the yield falls, you could take out your capital and invest in another higher yielding share and still earn 3.8% on a share that sits in your account at zero, zilch, cost.

Plus you would be earning say 8% on your new share, a yield of 12%.

NOTE

I was requested to include more memes for those where English is not their first language, keep everything crossed for another market crash, which becomes more certain as markets continue to rise, when is the known unknown, until then