Payouts aren’t merely sensible, they’re desirable: by boosting subsequent earnings, they improve companies’ and thus investors’ returns. Should dividends be “the bane of your investment life”? Does Australia’s system of dividend imputation “force companies to behave irrationally” – that is, pay overly generous dividends, retain insufficient earnings, restrict capital … [Read more...] about Dividends aren’t a bane – they’re a boon