Volatility Does Not Equal Risk — Dividend lovers hope to moderate volatility in two ways: 1) smaller intrinsic price fluctuations and 2) counter balancing price declines with cash dividend payments. (mindfullyinvesting.com)
CLX's FCF over the trailing twelve months ($ 724 million) equates to 170 % of the annual cash dividend payment based on a $ 3.36 / share annual dividend. (newconstructs.com)
DRIPs also eliminate the nuisance effect of receiving small cash dividend payments. (tsinetwork.ca)