Analyzing Dividend Stock ETFs in 2020: A Tale of Two Halves
December 31, 2020 There’s no getting around the fact that the first half of 2020 was rough on dividend stocks and related exchange traded funds, but data suggest the year wasn’t a total wash for that strategy. After all, the QDF’s underlying benchmark targets management efficiency or quantitative evaluation of a firm’s deployment of capital and its financing decisions. By using a management efficiency screen, the index can screen out firms that aggressively pursue capital expenditures and additional financing, which typically lose flexibility in both advantageous and challenging pa...