Good old-fashioned dividends are coming back into
vogue. Nearly three years after previously soaring stocks
came crashing down, investors are starting to show more
interest in getting a steady income stream from equity
investments.
Merrill Lynch Investment Managers is one fund manager that is
making a push for high-yielding stocks, rejecting the idea that
they are lower-growth investments simply because income is gained
at the expense of capital growth
Michael Jones, head of UK third-party retail at MLIM,
explains: "In the late 1990s, people weren't worried about
dividends and were...