Smooth Operator

We spoke of the importance of process discipline to generate consistent performance. IMHO this one deserves special mention and not as a mere Thinkling. Companies with a consistent history of increasing their dividend have a tendency, on average, to notably outperform index benchmarks over time. Worth noting here is that these companies do not necessarily pay high dividend yields. They just keep increasing the dividend per share each year. The absolute yield does not need to increase if the market rewards this prosperity with a higher share price. This process can be owned cheaply and easily through several ETFs. Put them in the oven and set the timer for forever. https://www.marketwatch.com/story/dividend-aristocrat-stocks-post-almost-double-the-returns-of-the-sp-500-in-2016-2016-09-06

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