With a cash stream like that, you can choose when (or if) you want to reinvest your dividends. Meantime, your nest eggs stays invested and benefits from the market’s long-term gains.
It offers you the best of both worlds. First, it gives you a solid, reliable dividend — one that’s both 20% higher than industry average, and that’s just been raised 20%. On top of that, it’s poised for a big rise in share price, because by at least one metric, it’s trading at a 77% discount to its peers.