The concept of dividend reinvestment
sounds good. Reinvest your dividends and
reduce your cost basis. It costs you
nothing. Think about how cheap it is now that brokers let you do it. No commissions, no dealing with the transfer agent at the company.
I am an income investor: I invest in and write about income from Dividend Stocks, covered call options, and now after a long time, laddered bonds including CD's and treasuries.