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09:20
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Originally posted by pete11:
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I have a question that everyone Will mock but to me it's important, in 10years could bhp Divvy be $2.90 or more? It's $ 2.61 now, I know the Divvy is very volatile some yrs it can double other years it can be cut by 50% over time an increase of 2-3% pa isn't impossible is it? I'm retiring in about 8-10yrs and I wanna build up a portfolio of Divvy stocks that yield around 6% , I wanna spread the risk around but not too much, if my calcs are off what do you guys think bhp Divvy could be in 10yrs? All depends on commodity prices and state of the global economy right?
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At the rate the dividends paid to shareholders keep going up, there's no reason in 10 years that the dividends won't be double what they are now.
(20min delay)