Ultimately, the high Magnificent 7 weight within value portfolios creates the illusion of diversification while heightening exposure to market concentration risks. We see this as a unique opportunity for investors to revisit overall portfolio diversification and to ensure each product is meeting its stated philosophy, investment universe, and portfolio objective. | Read more >
An ever-expanding list of factors to juggle has cast a tremendous amount of uncertainty on inflation and interest rate trajectories. | Read more >
Both buybacks and dividends can help boost total equity returns. As investors ponder the uncertain environment, a key question is: What is more likely to grow going forward, dividends or buybacks? | Read more >
As dividend investors, we can still find high-yielding equities, but why are stocks with good dividend yields so scarce? And more importantly, should we expect dividend payments to make a comeback? | Read more >
We all get just one retirement so good results “on average” is not enough. That’s why it’s important to examine how the dividend strategy works in all retirement periods, including those with challenging markets | Read more >
Depending solely on investments to meet spending needs can be a daunting challenge when both spending and investment returns are hard to forecast. The spike in inflation in the last few years has heightened client concerns over whether their savings will be enough to support their retirement plans | Read more >
The high and growing levels of stock-based executive compensation create misleading comparisons with non-dividend-paying stocks. Once non-cash executive compensation is adjusted out, stocks with higher dividend yields are actually superior on both free cash flow margins and free cash flow yields. | Read more >
In our view, the day will come when stock market performance will no longer be concentrated in just the largest-cap companies. As returns broaden, we expect high-yield dividend stocks to resume their historical outperformance. | Read more >
We have shown that healthy, growing companies (characterized by high free cash flow yields and good revenue and earnings per share growth) are more likely to announce dividend increases, and are more likely to announce larger increases. | Read more >
Both high-dividend-yield and low-volatility stocks have significantly outperformed the broad market over the past 50 years. Investing without hubris means adopting an approach that has worked over long periods without requiring a crystal ball. | Read more >
