Uncovering what investors are missing when looking at high-dividend companies and how to avoid dividend traps
Successful income investing requires a wide lens that extends far beyond dividend yield alone. Indeed, valuing a company based on dividends alone is a trap for beginners. Sector cyclicality, capex cyclicality, and structural change are just three of the considerations you need to take into account when investing for income.
In the third episode of this four-part series, Michael uncovers what investors are missing when looking at high-dividend companies and how to avoid dividend traps.
