Look at future yields, says M&G

Asian HNWIs characteristically focus on the headline yield as asset managers push for dividend stock strategies, but M&G Investments warns against neglecting the prospects of dividend growth. “[Our strategy’s] focus is on dividend growth rather than dividend yield,” says Kotaro Miyata, investment specialist with M&G. “There is  a problem for those strategies screening for yield, as high yield tends to be…

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