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Royce Funds Dividend Fund Portfolio Manager Discusses Dividend Stocks and Investment Strategy

December 05, 2012 | About:
Dheeraj Grover

Dheeraj Grover

18 followers
Chuck Royce's Royce Family of Funds portfolio manager Jay Kaplan (responsible for managing Royce Dividend Value Fund) was on CNBC to discuss rush from companies paying special dividends, what is his investment criteria for selecting dividend paying companies for Royce Dividend Value Fund portfolio.

-- Don't pick companies based on who is about to offer a special dividend.

-- Look for strong balance sheet, has good cash flow, strong management, management ownership for making investments.

-- Increase in dividend taxes next year will not impact investors putting their money in dividend stocks or mutual funds like Royce's Dividend Value Fund.

-- Okay with dividend as most of the companies Royce Funds owns are well capitalized and have strong cash on balance sheet, so it is a good move for shareholders

Credit and source: www.cnbc.com, CNBC

Here is the video; Jay comes in at around 4 minutes into the video:







About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

Rating: 3.3/5 (4 votes)

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