Down on dividend investing? Here’s why you shouldn’t be
Dividend critics offer myriad reasons for their aversion to watching free money pile up in their accounts.Nuthawut Somsuk/iStockPhoto / Getty Images
I hope you’re sitting down, because I have some shocking news to share:
Not everyone loves dividends.
I know, crazy, right? Who could possibly be against receiving regular cash payments for doing absolutely nothing to earn them?
Dividend critics offer myriad reasons for their aversion to watching free money pile up in their accounts. Dividend companies are slow-growing dinosaurs, they say. Dividends stick investors with unnecessary taxes. Dividends don’t necessarily create wealth but simply return investors’ own capital.
Some critics have even gone so far as…