After two years of crisis, European stocks are cheaper than their American rivals, and they tend to pay out a higher percentage of their profits as dividends.
Charles Sizemore
273 posts
A company that is able to raise its dividend throughout a once-in-a-lifetime financial crisis is a company that I believe can survive Armageddon because, frankly, it already has.
Grantham and his team warned of the dangers of the 1990s tech bubble years before it burst, and warned of the consequences of the 2000s housing bubble long before anyone else took it seriously.