Don Wordell, manager of the $2.7 billion RidgeWorth Mid-Cap Value Fund, loves the financial discipline a steady dividend imposes on corporate managers, but isn’t easily swayed by a fat payout. In a recent discussion, Don explained why he’s careful not to be blinded by yield and what makes him bullish in materials, industrials and energy.
There’s nothing sexy about it. Every stock in the portfolio pays a dividend, not because we think they are a panacea but because we like the characteristics of dividend-payers, and management teams and boards loathe cutting a dividend. If they commit to paying one they are sending a pretty tremendous signal on how they feel about the health of their business model. Even more important are companies that have paid them (and grown them) through varying economic cycles.
Source: Forbes
Related Articles:
- 12 Dividend Stocks For A Powerful Income Stream
- 10 Dividend Stocks With A 10% Yield In 10 Years
- Free Cash Flow Payout vs. Dividend Payout
- 9 Dividend Stocks Trading at a Double-Digit Discount
- 6 High-Dividend, Low P/E Value Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend...
-
A select group of monthly dividend stocks pays dividends at a rate of 10% or higher. Those are the ones on this list. Investors should be aw...
-
Higher dividend yields often imply that the underlying company paying the dividend has a higher risk profile. However, that's not always...
-
Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will recei...
-
It's hard to beat a sustainable, high-yield dividend paired with a beaten-down valuation. The best dividend stocks offer high yields and...
-
How high is too high when it comes to dividend stocks? Of course, every income investor wants as much yield as possible. However, they also ...
-
When hunting for discounted investments, one excellent starting point is to look for businesses with dividend yields trading above their fiv...
-
Strange but true: seniors fear death less than running out of money in retirement. And unfortunately, even retirees who have built a nest eg...
-
While there’s nothing quite as exciting as betting everything on a hot growth enterprise, prudent investors may want to consider the best di...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.