dividend investing

Dividend Sustainability on German Stocks: 12.27% CAGR Over 25 Years

The dividend sustainability screen on XETRA stocks returned 12.27% CAGR with a 0.652 Sharpe ratio and 7.23% annual excess over the DAX. Down capture of just -2.5% vs the local benchmark.

dividend investing

Dividend Coverage: Screening for Cash-Backed Dividends on 25 Years of US Data

We screened US stocks for companies whose free cash flow comfortably covers dividend payments. 11.56% CAGR over 25 years vs 7.85% for the S&P 500. Zero cash periods.

dividend investing

Dividend Coverage on German Stocks: 12.83% CAGR, 7.79% Annual Alpha vs DAX

Dividend coverage on XETRA: 12.83% CAGR over 25 years, 7.79% annual alpha vs the DAX. Best Sharpe ratio (0.519) of any exchange tested. Zero cash periods across 25 rebalances.

dividend investing

Dividend Coverage on UK Stocks: 9.38% CAGR, 80% Win Rate, Strong Drawdown Protection

Dividend coverage on LSE: 9.38% CAGR over 25 years, 80% win rate, max drawdown -23.46%. During 2008, coverage stocks fell just 3.8% while the FTSE 100 dropped 22.0%.

dividend investing

Dividend Coverage on Swedish Stocks: Best Risk-Adjusted Returns in Our Global Test

We screened Stockholm-listed stocks for FCF-backed dividends. 10.74% CAGR over 25 years with a 0.485 Sharpe ratio, among the highest risk-adjusted returns of any exchange we tested. Just -3.4% in 2008.

dividend investing

Dividend Coverage on Canadian Stocks: Low Volatility Alpha on the TSX

We screened TSX-listed stocks for FCF-backed dividends. 10.84% CAGR over 25 years with the lowest volatility (16.51%) among the markets that beat their benchmark. Just -12% in 2008 vs -27% for the broad market.

dividend investing

Dividend Coverage on Japanese Stocks: Strong vs Local Benchmark, Weak vs Global

We screened JPX-listed stocks for FCF-backed dividends. 7.88% CAGR over 25 years, +4.57% alpha vs Nikkei 225 price return. But vs S&P 500 total return, essentially matched. The comparison matters.

dividend investing

One Dividend Screen, 12 Exchanges: Where Cash-Backed Dividends Beat the Market

We ran the same FCF-based dividend coverage screen across 12 global exchanges. Six beat the S&P 500. India produced 17.24% CAGR. The screen works best where dividend culture runs deep.

dividend investing

Dividend Coverage on Indian Stocks: 17.24% CAGR Over 25 Years of NSE Data

We screened NSE-listed Indian stocks for companies whose free cash flow covers dividend payments. 17.24% CAGR over 25 years vs 12.06% for the Sensex. The 2008 crisis year returned +39.4% vs Sensex +7.3%.

event-study

What Happens to Acquirer and Target Stocks After M&A Filings

We ran an event study on 1,821 US M&A filings (2000-2025). After stricter data-quality controls, the short-term acquirer signal vanishes. What remains: both targets and acquirers drift below the market over one to three months.

quality investing

FCF Conversion Quality: 25 Years of Separating Real Earnings from Accounting Fiction on US Stocks

We built a quality screen based on free cash flow conversion and backtested it on US stocks from 2000-2025. 9.68% CAGR vs 7.85% for SPY. The real story is downside protection. 51% down capture.

quality investing

FCF Conversion Quality on German Stocks: +3.89% Alpha vs DAX Over 25 Years on XETRA

We screened XETRA for FCF conversion quality from 2000-2025. 8.93% CAGR vs 5.04% for the DAX with zero cash periods in 25 years. $10K grew to $85K vs $34K for the index. 60% win rate, 39% down capture.