This will likely put Bank of America on the path to
meaningful dividend growth in the years ahead, as it's finally past the point of having to use profits to shore up the capital base.
Not exact matches
Wall Street doesn't seem to be properly accounting for the reinstatement of a lucrative
dividend or
meaningful opportunities for
growth in the year and years ahead.
Berkshire has Warren Buffett guiding a $ 55 billion cash hoard, and ExxonMobil frequently enjoys years of undervaluation coupled with earnings and
dividend growth that make it a godsend for people that want to generate
meaningful (and growing)
dividend streams over the decades.
Dividend growth investing means I am looking for companies that not only pay a nice dividend now, but have a history of meaningful dividend increases over time and are likely to continue thi
Dividend growth investing means I am looking for companies that not only pay a nice
dividend now, but have a history of meaningful dividend increases over time and are likely to continue thi
dividend now, but have a history of
meaningful dividend increases over time and are likely to continue thi
dividend increases over time and are likely to continue this trend.
Davenport Value and Income focuses on value opportunities and companies with
meaningful dividends and
dividend growth potential
The stock also has an attractive
dividend yield of 3.6 %, a 10 % historical
dividend growth rate, a reasonable earnings multiple (14x), and
meaningful free cash flow
growth potential over the next five years.
Our philosophy stems from the belief that (a) great businesses that adopt a
meaningful dividend -
growth capital allocation preference can generate wonderful investing outcomes over time and (b)
dividends are a more reliable part of total return than capital gains.
EPS expansion is going to remain in the mid-single digits for the foreseeable future barring a huge acquisition or something similarly
meaningful, so
dividend growth will take center stage.
While I would prefer that the company to reinvest and
growth their business, there are companies that are trading at a
meaningful discount to their intrinsic value that also pay out significant
dividends.
The strategy objective is capital appreciation with above average income through value opportunities and companies with
meaningful dividends and
dividend growth potential.
A high
dividend growth rate plus a high savings rate is the right formula for building a
meaningful future income stream.