This is a great article, I enjoy reading your work. It’ll be interesting to see the priority in dividends over the next decade.
My clients over 70 are obsessed with them and under 55 couldn’t care less. As younger executives age and become board members, I’ll be interested to see how it shapes decision making.
Love this piece. One thing worth adding: not all dividend decisions are made with shareholders' best interests in mind.
For example, management teams can pay dividends to court certain investor bases. They can also refuse to cut them, even when they should, to avoid panic. The dividend becomes a tool for optics as much as capital allocation.
Dividends signal priorities. Just make sure you're reading whose priorities they actually are.
This is a great article, I enjoy reading your work. It’ll be interesting to see the priority in dividends over the next decade.
My clients over 70 are obsessed with them and under 55 couldn’t care less. As younger executives age and become board members, I’ll be interested to see how it shapes decision making.
Thanks for your message, Drew. I am glad you liked it!
Yes, that’s definitely an interesting question.
Love this piece. One thing worth adding: not all dividend decisions are made with shareholders' best interests in mind.
For example, management teams can pay dividends to court certain investor bases. They can also refuse to cut them, even when they should, to avoid panic. The dividend becomes a tool for optics as much as capital allocation.
Dividends signal priorities. Just make sure you're reading whose priorities they actually are.
Thank you very much! I am glad you like it.
That’s a valid addition. Thanks.