Part 3/7:
Despite recent trends showing slight declines—down 3.59% over the week and around 2.89% over the month—the power of strategic investing has positioned me to maintain a 4.74% gain overall. This is the essence of dollar-cost averaging: by consistently investing regardless of market conditions, I can smooth out the volatility over time.
The Dividend Payouts
Now, let’s talk dividends. My investment in SCD has generated increasing payouts, starting at $45.39 with my first dividend, and rising to $58.15 in the latest payment. As my shareholdings grow—currently at 219 shares—the beauty of reinvestment in dividends becomes evident. This reinvestment is akin to compounding interest, leading to an accumulation of additional shares without any further financial contributions on my part.