More reasons to like dividends. In his January issue of Intelligence Report, Dick Young writes:
I recommend dividend payers to you not because of some idealized view of history, but because the data proves that dividends win over time. Below is a chart of the data from the French data library, possibly the most comprehensive data library of American stock market returns in existence.
You’ll see in the chart that the stock market is broken down into four groups based on their yields…As you can see in the chart, the Hi 30 performs the best by far, breaking $1 million on an investment of $100 in 1927.
