BIP - Investors Need To PAAY Attention To This Information
Over the past 5+ years, I have been posting my KISS portfolio on Seeking Alpha. During that time, I have used my PAAY system to reinvest my dividends. PAAY stands for Percentage Above Average Yield. My theory behind the system is that when a dividend growth stock is trading at a price which gives it a yield significantly higher than usual it might be a good time to buy. With this thought in mind over the lifetime of my portfolio I have been reinvesting my collected dividends in to the stocks I already own which