The Importance of a Dividend

The longer that a company pays a dividend, the more they're going to want to continue to pay it. Dividends can become kind of a self-fulfilling prophecy where this is something they got to do every single quarter, every single year and that's what we want. Walmart back in 1987, their yield was only 0.44%. If you were to put 10,000 into Walmart in 1987, you fast forward a couple of decades,. It would have been almost over 200,000 even more.