Philips is a value trap, but do you really think Philips are a company that will go out of business? No. So at some point, it might be a turnaround company. For me, it's just a story behind the companies, the litigation, the management,. It's everything that's going on. But there's a time where that might change.
In this week's episode, we will share our thoughts about the dividend irrelevance theory. It's a challenge we often get as dividend growth investors from people around us, so we would like to clarify this. Hopefully once and for all!
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