The pandemic-triggered shutdown of a large portion of the global economy forced many companies to cut dividend payments, or at least stop growing their dividend rates, for most of the last year and a half. Although we
now seem to be in a reopening phase, I sense a reluctance from Boards of Directors to bring dividend policies back to pre-coronavirus levels. However, a new type of dividend policy gives me hope for us investors who like to get cash returns from our portfolios.