Approach
We aim to help grow our clients' wealth over time by investing in companies selling at a reasonable price with strong cash flows, solid balance sheets, consistent earnings, and management committed to creating shareholder value.
Companies with these attributes have historically had the ability to reinvest in their business, acquire other businesses, buy back company stock or provide shareholders with dividends. Dividends have historically been an important component of a stock's total return.
Even more compelling are companies that choose to reward shareholders by regularly increasing their dividend payments (Dividend Growth). These companies are generally less sensitive to downward swings in the economy and can help provide a hedge against inflation.
We believe that if a company can consistently raise dividends, capital appreciation will follow. The core of our clients' portfolios are built on this principle.