Estia , don't make me laugh .All the dividend yield is eroded by...

Estia , don't make me laugh .All the dividend yield is eroded by share price decline over the last year .

Net return ( after dividends ) is minus 2%

Versus

GHC 's net return ( after dividends ) of 32.2 % so you are 30% wealthier by holding GHC over the last 12 months

And this isn't a one off . GHC has been returning 30%+ ( inclusive of dividends ) for more than half a decade

And an important point to remember is that if your original purchase of GHC was say $1.25 ( my first entry) then the dividend yield of 4.4% at a $2.00 share price translates to a 7% effective yield. And with a share price increasing by 25%+ per annum ,you can do your own numbers as to what that yield will be ( if it continues) in 2017,2018 etc .GHC has also increased the dividend every year over the last 5 years

GHC was the best REIT in 2015 and it just keeps kicking goals