If you assume as I do that corporate earnings growth at least averages its historic 6% rate and that dividend payout ratios don't elevate materially, investing for dividends is a misguided investment concept unless you expect Federal Reserve policy emphasis to remain unchanged for years to come.
If you assume as I do that corporate earnings growth at least averages its historic 6% rate and that dividend payout ratios don't elevate materially, investing for dividends is a misguided investment concept unless you expect Federal Reserve policy emphasis to remain unchanged for years to come.
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