Famous Quote by John D Rockefeller about Dividends
John D. Rockefeller, the American industrialist and philanthropist, was a proponent of investing in dividend stocks. He believed that owning shares in a well-managed company that paid regular dividends was a sound investment strategy.
Rockefeller is famously quoted as saying, “Do you know the only thing that gives me pleasure? It’s to see my dividends coming in.” He believed that regular dividend payments were a sign of a company’s financial health and stability, and that owning stocks that paid dividends could provide a reliable source of income over the long-term.
Rockefeller himself built much of his wealth through investments in companies such as Standard Oil, which paid steady dividends and grew in value over time. He also understood the importance of reinvesting dividends to take advantage of the power of compounding interest.
Today, many investors still follow Rockefeller’s approach to investing in dividend stocks as a way to generate income and build long-term wealth. By choosing well-managed companies with a history of paying dividends and reinvesting those dividends over time, investors can potentially benefit from the power of compounding and the long-term growth potential of the stock market.
