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Originally Posted by Hog's Gone Fishin
I was throwing a generality out there . I know the math isn't correct. It's the concept.
I'm interested in what you say about the price action of a dividend stock dropping when a dividend is paid. That's interesting. Seems like there would be no point in owning a dividend stock.
My daughter invested $3200 in MAIN exactly 2 years ago and the value now is $4181. ETRADE says her gain is 12.56%
Thats 30.65% increase by my calculation 3200 to 4181 . What am I missing?
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Maybe the 12.56 is an annualized result. The numbers don't work out exactly, but maybe there was some dividend reinvestment that muddies it up or it's not exactly two years.