“Dividends have contributed at least 40% of stock returns historically” is an accepted fact among investors. However Michael Mauboussin, head of Global Financial Strategies at Credit Suisse says the actual investor experience with total return, dividends plus stock appreciation, is quite different. In Thoughts on Dividends and Buybacks Mauboussin and two colleagues discuss what they view as the “common misperceptions” about dividends and stock buybacks. For the many dividend oriented investors among us they provide food for thought…
Click to download the report.