Jul. 30 at 3:13 AM
$NVYY So if I bought 5000 shares at
$27.41 =
$137,050 and the divi stays at around its average so far at .555 x 5000 =
$2,775 per wk x 52 wks =
$144,350. If the share price stays just at 27.41 at the end of 1 yr. I would have a total value of
$137,050 +
$144,350 (Div) =
$281,100. If the dividends were reinvested and the dividend and share price stayed the same it would at least double again at the end of yr 2 and be worth
$562,200. If it stayed the same for yr 3 it would double again
$1,124,400 on an initial investment of
$137,050! Is this basically, correct??