Golden Age of Dividend Investing?
We Are in the ‘Golden Age of Dividends,’ Says Hersh Cohen
Excerpt:
Are we in "the golden age of dividends"?
Hersh Cohen, who has been investing professionally for 45 years, should know - and he says it is indeed the best of times for income-seeking investors, thanks to low dividend taxes and the proven commitment of great American companies to share their cash with shareholders through higher payouts.
Cohen, co-chief investment officer of Legg Mason Inc.’s (LM) ClearBridge Investments and co-manager of ClearBridge Equity Income (SOPAX), says in the attached video: “I’ve never seen anything like the last five months” in terms of the frequency of generous dividend hikes. “Dividends have exploded to the upside.”Comment: Image source is hybrid. Here with this special effect. Our only non-dividend paying stock is BRK-B which I bought for my wife as a birthday present.
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