Most of us will love dividends. Me too!
But, some dividends are not meant for investors to keep forever or spend them off.
Investors are just custodian for this type of dividends for a few years. After that these dividends will be taken back either part of them or all of them to the CEOs as capital for re-investment "opportunities".
CEOs will promise investors "bigger" dividends for them to keep as custodian for another few more years.
And the game continues .....
Read? Right issues
Great CEOs are great allocator of capital for growth and they don't keep coming back to long-term investors to ask for more capital.
Read this book? The manual of Ideas
If you are not aware or have read something new today, for a moment, think silently and deeply about it.
Allocator of capital or Alligator of capital?