In addition, this stylistic diversification affords the ability to construct a portfolio with a total return profile
driven by dividend yield, supported by dividend growth, and exposed to capital appreciation potential.
He points out that stock market returns are
driven by investment returns (initial
dividend yield plus earnings growth rate) and speculative returns (changes in the market p / e ratio).
In addition, this stylistic diversification affords the ability to construct a portfolio with a total return profile
driven by dividend growth, supported
by dividend yield, and exposed to capital appreciation potential.
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