Rethink Dividend Investing: Embrace Total Returns

Dividend investing is undergoing a transformation, especially for retirees. Traditional dividend strategies are becoming outdated as companies increasingly favor stock buybacks over cash dividends. The focus should shift from merely collecting dividends to achieving total returns, as high dividend yields can be misleading if accompanied by significant capital losses. Effective investing must consider all facets of return, eschewing the outdated 'yield hog' mentality. This highlights the importance of education and the implementation of structured processes in investment strategies to adapt to current market realities.