The COVID-19 pandemic and its effect on the market has brought dividends to the top of many investor’s minds. Will dividend paying companies be able to sustain their payouts in the face of an economic slowdown? Should they bow to political and societal pressure to cut or suspend their dividends? With bond yields at historic lows, dividends take on even more importance for those investors in need of income. How will these pressures affect the outlook for dividends? Epoch has a long history of expertise investing in dividend paying companies in our Shareholder Yield strategies and has recently produced a plethora of insights on the topic, collected below.
|
|
|
|
|
Paper – December 16, 2020 |
|
Post Webinar Q&A – May 8, 2020 |
|
The Enduring Allure and Sustainability of Dividends |
|
The Death of Dividends: Greatly Exaggerated |
|
 |
|
 |
|
The recent economic downturn caused by the COVID-19 pandemic provides another example of the resiliency of dividends. As in the past, they held up better than earnings, with the most severe pressure in specific sectors. |
|
Questions from the audience answered by our experts after the recent webinar on dividends. |
|
|
|
|
|
Insights – May 1, 2020 |
|
Quarterly Investment Update – May 1, 2020 |
|
Factors: Not Driving, Just Along for the Ride |
|
The Outlook for Dividends in a World of Yield Starvation |
|
 |
|
 |
|
It is important to pay attention to how real economic events drove recent performance, rather than fall back on a set of abstract factor returns. |
|
Executive Chairman and Co-CIO, Bill Priest explores the outlook for dividends and why they are even more essential today. |
|
|
|
|
|
Webinar – April 30, 2020 |
|
Webinar Presentation Deck – April 30, 2020 |
|
The Death of Dividends: Greatly Exaggerated |
|
The Death of Dividends: Greatly Exaggerated |
|
 |
|
 |
|
Epoch’s thought leaders address pressing questions about the state of dividends in the current environment. |
|
Presentation slides from the recent webinar on dividends. |
|
|
|
|
|
Edited Transcript – April 30, 2020 |
|
Bloomberg Radio Interview – April 27, 2020 |
|
The Death of Dividends: Greatly Exaggerated |
|
Not All Companies Should Cut Dividends |
|
 |
|
 |
|
A summarized transcript of the recent webinar on dividends. |
|
Shareholder Yield PM John Tobin argues for a more nuanced approach to whether companies should cut their dividends in the current environment. |
|
|
|
|
|
Podcast – April 16, 2020 |
|
Spotlight – April 15, 2020 |
|
Not All Dividend Cuts are the Same |
|
What is Quality Yield? |
|
 |
|
 |
|
Shareholder Yield PM John Tobin discusses how COVID-19 related economic, political, and social pressures have led some to either cut or suspend their dividends. |
|
Shareholder Yield PM Kera Van Valen on why quality yield is important in the current environment. |
|
|
|
|
|
Letter – April 6, 2020 |
|
|
|
Not All Dividend Cuts are the Same |
|
|
|
 |
|
|
|
In the COVID era, not all dividend cuts are created equal. |
|
|
|
|
|
|
|
|
|
|
|