White Paper I - Dividends & Tax Rates
June 30, 2012 - As it stands
today, barring a political compromise, the
highest tax rate payable on dividends will
jump from 15.0% to 43.4% for the 2013 tax
year. That sets up two important questions
for investors in dividend-oriented strategies.
First, how will the securities of dividend
payers and dividend growers perform relative
to the market as investors are forced to share
a larger portion of their income with the
government? And second, will companies opt
to put their cashflows to alternative uses,
such as stock buybacks or M&A, rather
than grow their dividends?
Review - Investment Commentary
of the Month Club- Q4 2017
Regardless of one’s political leanings,
it’s fair to say that the markets have
adjusted well to President Trump’s,
shall we say, “unorthodox style.”
While he has engaged a variety of adversaries
through the Twittersphere – where a
global media frenzy can be conjured up in
280 characters or fewer – corporate
America and the equity markets have all but
tuned out the noise. Instead, they’ve
hung their hats on expectations that he will
follow through on two of his core campaign
promises: significant regulatory rollbacks
and tax reform. Both factored heavily in his
campaign and, ultimately, his election.
subscribe to the Copeland Review, click here.
The Copeland Review
is a forward-looking investment quarterly on the
markets and the economy which has been available
to our clients for over ten years. Should you
wish to see earlier issues, please contact us.