The Morningstar® Dividend Yield Focus IndexSM family takes a forward-looking approach to dividend investing. This paper updates and expands a 2012 study into the efficacy of the metrics used by the index family. Read how the data demonstrates that the moat and Distance to Default screens predict dividend sustainability.
In this paper, you will learn:
Why dividend-paying companies outperform
The problems with hunting for dividends
How Morningstar's metrics predict dividend cuts