One of the enduring characteristics of the post-financial crisis world is the consistently low level of yields that is punishing savers and igniting a widespread search for income.
-Global Value and Income Team, Columbia Asset Management
Given the widespread search for income, “bond-like” equities will continue to draw capital, but the overall return potential is not compelling.
We believe that there are higher-yielding sources that have been neglected because of a temporary infatuation with “stability.”
Global dividend stocks provide not only an attractive source of income via yield but also the opportunity for valuation expansion, driven in part by growth.