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NorthStar Realty Finance Corp. Message Board

  • dar200 dar200 Nov 15, 2013 9:29 AM Flag

    The power of dripping

    On July 9, 2012 I bought 1742 shares of nrf in a small IRA at a cash cost of 9,275. I set the position to drip dividends. I just dripped my sixth dividend. Today I have 2004.327 shares which, at 9.73, are worth 19,502, a total return of 110.26% in a little better than 1.333 years. But let's look at the elements.

    The six drips produced 262.327 shares......15.06% of the 1742 I bought.

    The drip shares at 9.73 are worth 2,552 which is 27.51% of my original 9275 cash investment.

    Yeah, the price per share increase of 82.75% is the dominant portion of the 110.26% total return and the penny per quarter increase also helped, but the moral of the story, especially for you young people, is do not underestimate the power of compound dripping.

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