In addition to providing almost perfect index tracking, swaps offer a potential tax advantage because they don't pay dividends in cash. (moneysense.ca)
When prices are low I prefer to buy more, and receiving dividends in cash allows me to determine when to buy or sell. (ourbigfatwallet.com)
Probably the most important exception to this exists where the payments of common stock dividends in cash gives a corporation better long - term access to capital markets than would otherwise exist. (mjwhitman.pressbooks.com)