Dividends

In our dividend-focused portfolios, we strive to hold equities that meet four key criteria: high current yield, prospects for dividend growth, financial strength, and earnings stability. High income can either be used to fund current needs or, when reinvested, to drive the mathematics of compounding to grow the investor's wealth over time. Dividend growth reflects current and future prospects for a company. Financial strength suggests that a company can continually pay and increase its dividends regardless of market cycles.

Our dividend portfolios:

Provide unfixed income. Clients benefit from high current income while participating in a growing income stream, which can serve as a hedge against inflation. Fixed income investments, by their very nature, cannot provide this inflation hedge.
Harness the power of compounding. Over time, compounding income—not style, sector, or asset allocation—can be a main driver of long-term returns and wealth creation.
Invest in mature companies. We like real businesses that generate attractive returns and continue to pay and potentially grow their dividends.

Many of our dividend portfolios are ESG managed.

Learn more

View Our Dividend Portfolios

Learn About Dividend Investing

Adam Fackler, CFA
Chief Investment Officer

“Investing in dividend-producing equities requires looking at a raft of factors, including valuation, balance sheet strength, industry dynamics and management strategies. But a good starting point for long-term investors is to focus on industries with strong demand tailwinds.”

John E Leslie III, CFA
Portfolio Manager

“We look for stocks that provide high current income, growth of income, and financial strength. This approach supports our clients' saving and spending goals over the long term.”

Nicole Lee
Director of ESG Research

“Miller/Howard’s clients range from foundation to family trust, from institution to individual, but all share a common desire to see an economically secure and profitable future.”

Luan Jenifer
CEO and President

“Miller/Howard Investments' philosophy has guided us for over 30 years. We call our approach Sustainable Income Opportunities® because we integrate ESG research and fundamental analysis to provide high and rising dividend income.”

Michael Roomberg, CFA
Portfolio Manager

“At Miller/Howard, we use the concept of yield on original investment, defined as dividend income divided by original investment amount. Dividend income tends to rise over time relative to the initial account value—we call this unfixed income.”

DISCLOSURE

INVESTMENT PRODUCTS: ARE NOT FDIC INSURED - MAY LOSE VALUE - ARE NOT BANK GUARANTEED

Opinions and estimates offered constitute Miller/Howard Investments' judgment and are subject to change without notice, as are statements of financial market trends, which are based on current market conditions. Nothing stated herein, including the mention of specific company names, should be construed as a recommendation to buy, hold, or sell any security, sector, or MLPs in general. To receive a list of all recommendations for the previous year, please email compliance@mhinvest.com. All investments carry a certain degree of risk, including possible loss of principal. It is important to note that there are risks inherent in any investment and there can be no assurance that any asset class will provide positive performance over any period of time. The material may also contain forward-looking statements that involve risk and uncertainty, and there is no guarantee they will come to pass.

Common stocks do not assure dividend payments. Dividends are paid only when declared by an issuer’s board of directors, and the amount of any dividend may vary over time. Dividend yield is one component of performance and should not be the only consideration for investment.

The information above is from sources deemed to be reliable and is provided strictly for the convenience of our investors and their advisors. These materials are solely informational. Legal, accounting and tax restrictions, transaction costs, and changes to any assumptions may significantly affect the economics of any transaction.

The information and analyses contained herein are not intended as tax, legal, or investment advice and may not be appropriate for your specific circumstances; accordingly, you should consult your own tax, legal, investment, or other advisors, at both the outset of any transaction and on an ongoing basis, to determine such appropriateness. Any investment returns — past, hypothetical, or otherwise — are not indicative of future performance.

Investment Decisions: Do not use this report as the sole basis for investment decisions. Do not select an allocation, investment discipline, or investment manager based on performance alone. Consider, in addition to performance results, other relevant information about each investment manager, as well as matters such as your investment objectives, risk tolerance, and investment time horizon.

The returns on a portfolio that utilizes environmental, social, or governance (ESG) criteria for stock selection may be lower or higher than portfolios where ESG factors are not considered, and the investment opportunities available to such portfolios may differ.

Past performance does not guarantee future results.

DISCLOSURE

INVESTMENT PRODUCTS: ARE NOT FDIC INSURED - MAY LOSE VALUE - ARE NOT BANK GUARANTEED

Past performance does not guarantee future results.

Disclosures