I love the idea building wealth. But what has always turned me on about investing is that the money I’ve set aside can earn money on its own (without me working). That’s the genesis of the Elephant’s Paycheck.
That said, it’s not much fun if it’s a strategy based on dreams. As you can see from this Fidelity ad, there are some key statistics about dividends that make it a great time to be putting your elephant to work.
- 40% of total stock returns come from dividends historically.
- Dividends have been rising faster than earnings.
- Dividend payouts are near 50-year lows, suggesting plenty of room to rise.