The share price was down 9%. But that's half the problem when you rely on a small subset of companies for your business. For a company like ASML, you're probably wanting a little bit more in capital appreciation than dividends. I think Pat Gelsinger is there making really smart moves, but I hope that he keeps equally as much focus on the engineering part of it. And if you look at the growth and the order book and everything, for me, this is really, really a nice price.
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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