A chart of Merchants Trust without dividends.

A chart of MRCH including dividends earned but not re-invested into the share as the Snowball’s intention is to re-invest all earned dividends into the higher yielding shares of the Snowball.

Remembering the ‘best laid plans of men and mice’ is to re-invest any capital gains into the higher yielding shares of the Snowball.

While history doesn’t always repeat but it often rhymes a long term hold for the Snowball.