Sustainable dividend growth outperforms over the long-term

David Keir  |  Dundas Global Investors  |  23 February 2022   |   0.25 CE

Over the long-term, dividend growth and dividend yield are the dominant sources of long-term return. Valuation’s importance recedes over time. Therefore, one of the most important decisions taken around the boardroom table is the annual dividend declaration. This is where the board link past success with optimism for the future. Re-investing too much can lead to sub-optimal capital allocation whereas paying out too much can impact upon long-term business growth. Sustainable dividend growth companies appear to play defence well, as this cohort provides th...

Not yet a Member? It’s quick and free to join. Already a member? Please log in.

What's new with our live and on-demand continuing education, accreditation and certification programs.