Summary of The Dividend Drill

The analysis in this tutorial is not suited to every stock or situation. For one thing, even with surges in the popularity of dividends, less than half of U.S. stocks pay a dividend. It’s also not particularly well suited to deeply cyclical firms, whose earnings power and even dividend rates will vary widely from year to year. It’s also not suited for emerging-growth stories. But for the ranks of relatively consistent, mature, moat-protected stocks—of which there are hundreds if not thousands to pick from—we can use the dividend as a critical selection tooe