Dividend Growth
Investment Objective
Dividend Growth is a value based product designed to provide attractive long-term returns while protecting capital in down markets.
Investment Process
Our Equity Research Team seeks undervalued, high quality stocks that have consistent and growing earnings, strong financial characteristics, and rising dividends. We start our investment process by identifying all U.S. exchange-traded companies that have at least a 10 year history of consistent dividends. Our research team then conducts fundamental research to create a portfolio of 30-35 stocks that in aggregate have below market PE, above market dividend, above market dividend growth and below market earnings variation. We will sell a company if it becomes over-valued, fundamentals deteriorate or if there is a negative dividend action.
Research Team
Our Equity Research team consists of nine professionals, seven of whom hold the Chartered Financial Analyst (CFA) designation. The team has, on average, 21 years of experience and firm tenure of 13 years.
Differentiating Factors
- Consistently applied philosophy for over 30 years
- Stability and depth of research professionals
- Focus on high quality companies with strong balance sheets and consistently growing businesses
- Attractive combination of dividend yield and dividend growth
- Attractive risk-adjusted return profile
- Separately managed accounts and mutual fund
Fact Sheet
- Value portfolios that focus on undervalued, high quality companies that have consistent businesses and strong balance sheets.
- Our mutual fund focuses on undervalued, high quality companies that have consistent businesses and strong balance sheets.
- Core portfolios that focus on high quality companies with consistent and growing earnings. Core portfolios are designed to give the client sector exposure similar to that of the S&P 500 Index.