Practical analysis for investment professionals

dividends


What Price Risk? Unpacking the Equity Risk Premium

Stocks are a good wager over the long term, on favorable odds. But stocks remain a bet, and investors must grasp how much returns can vary over long time horizons.

Equity Income Investing Redux

No doubt the past year has been difficult for equity income investors. But history, inherent biases, mean reversion, and the current market backdrop point to a comeback.

Book Review: The Ownership Dividend

Daniel Peris's new book advises investors that the tide is about to turn: favor dividends over share growth alone.

Do-It-Yourself High-Dividend Strategies

Investors do not have to accept lower returns in exchange for high dividend yields. In fact, do-it-yourself (DIY) high-dividend strategies can generate enviable income without sacrificing capital.

The Equity Advantage: Reinvestment of Earnings

Equities can compound in value in a way that investments in bonds, real estate, and other asset classes cannot.

The Elephant in the Room: The ESG Contradiction

The inherent conflict between the "E," the "S," and the "G" in ESG investing can no longer be ignored.

Buybacks and Dividends: Sizing the Upswing

Dividends and buybacks are poised for a comeback this year.

Book Review: Keeping Your Dividend Edge

In Keeping Your Dividend Edge, Todd Wenning, CFA, describes the new market environment that necessitates a revised approach for selecting and monitoring dividend-paying stocks.

In Practice Summary: Build in Buybacks for Better Forecasts

When investors forecast long-run drivers of stock returns, are cash dividends or payouts such as buybacks more accurate criteria than fundamentals? A new study suggests that they are. Mark Harrison, CFA, explains.

Don’t Forget Taxes When Comparing Dividend Yields

In their overzealous efforts to chase yield, investors often fail to consider the tax implications involved in owning dividend-focused investment products. The tricky thing about dividend income is that not all of it is taxed the same way.



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