The hottest Dividends Substack posts right now

Dividends are a natural outcome of business ownership and distinct from share repurchases.
The shift towards buybacks over dividends may have a significant impact in the real economy.
A new paradigm of higher interest rates will prioritize cash returns and challenge the reliance on buybacks for funding consumption.

This post explains how companies reward their investors through stock buybacks and dividends.
Buffett and Munger appreciate companies that engage in stock buybacks.
Dividends can be seen as a double-edged sword for investors.

The portfolio performance in September 2023 was down 3.8% compared to -2.0% for the S&P.
Stock transactions included increasing positions in Adyen and Evolution.
The broker Trade Republic will double its interest on uninvested cash from 2% to 4% per annum.

The Mindset Value Fund had a strong performance, up 14.2% in Q2 2023 and 33.3% for the year.
HireQuest, a staffing company, saw a 25% stock increase after entering the Russell 3000 index.
Grown Rogue, a cannabis cultivator, is positioned for significant growth and revenue increase.

Investment mistakes of omission can have lasting impact, like missing out on high-return opportunities.
Software companies with leverage through build-once-sell-many model can generate significant cash over time.
Smart investments create asymmetric upside where potential gains outweigh potential losses.

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New model portfolio 'Decent Dividends' aims to find companies with healthy cash flow and commitment to returning excess cash to shareholders.
The portfolio includes stocks like ABBV, VZ, and EOG that show potential for dividend yield and price appreciation.
Using Theory A allows investors to screen and analyze stocks based on various financial factors for long-term investment decisions.

Stock value comes from sources beyond just dividends, like stock buybacks, mergers, acquisitions, voting power, and potential future dividends.
Companies may not pay dividends but can still provide shareholder value through mechanisms like stock buybacks, mergers, and acquisitions.
The stock market functions as a prediction market for future company performance, with investors making long-term bets on potential returns, even if dividends are not immediate.