dividend investing - Ceta Research (Page 3)

Growth of $10,000 invested in Dividend Coverage Canada vs TSX Composite from 2000 to 2025. Coverage grew to $121K.

dividend investing

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

We screened TSX-listed stocks for FCF-backed dividends. 10.59% CAGR over 25 years with the lowest volatility (16.83%) of any exchange we tested. Just -11% in 2008 vs -27% for the broad market.

Growth of $10,000 invested in Dividend Coverage Germany (XETRA) vs S&P 500 from 2000 to 2025.

dividend investing

Dividend Coverage on German Stocks: 12.52% CAGR, 7.48% Annual Alpha vs DAX

Dividend coverage on XETRA: 12.52% CAGR over 25 years, 7.48% annual alpha vs the DAX. Best Sharpe ratio (0.496) of any exchange tested. Zero cash periods across 25 rebalances.

Growth of $10,000 invested in Dividend Coverage India (NSE) vs Sensex from 2000 to 2025. Coverage grew to $539K, Sensex to $172K. Returns in INR.

dividend investing

Dividend Coverage on Indian Stocks: 17.29% CAGR Over 25 Years of NSE Data

We screened NSE-listed Indian stocks for companies whose free cash flow covers dividend payments. 17.29% CAGR over 25 years vs 12.06% for the Sensex. The 2008 crisis year returned +39.4% vs Sensex +7.3%.

Growth of $10,000 invested in Dividend Coverage Japan vs Nikkei 225 from 2000 to 2025. Coverage grew to $64K, Nikkei to $43K.

dividend investing

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

We screened JPX-listed stocks for FCF-backed dividends. 7.71% CAGR over 25 years, +4.40% alpha vs Nikkei 225 price return. But vs S&P 500 total return, essentially matched. The comparison matters.

Growth of $10,000 invested in Dividend Coverage Sweden vs OMX30 from 2000 to 2025. Coverage grew to $134K.

dividend investing

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

We screened Stockholm-listed stocks for FCF-backed dividends. 10.91% CAGR over 25 years with a 0.485 Sharpe ratio, among the highest risk-adjusted returns of any exchange we tested. Just -3.1% in 2008.

Growth of $10,000 invested in Dividend Coverage UK (LSE) vs S&P 500 from 2000 to 2025.

dividend investing

Dividend Coverage on UK Stocks: 11.22% CAGR, 84% Win Rate, Best Drawdown Protection

Dividend coverage on LSE: 11.22% CAGR over 25 years, 84% win rate, max drawdown -27.06%. During 2008, coverage stocks fell just 6.4% while the FTSE 100 dropped 22.0%.

Growth of $1 invested in dividend growth screen on UK stocks (LSE) vs FTSE 100 from 2000 to 2025.

dividend investing

Dividend Growth on UK Stocks: +6.68% Over FTSE 100 With 84% Win Rate

We ran a dividend growth screen on UK stocks (LSE). 7.91% CAGR, +6.68% excess over FTSE 100, 84% win rate. 0% cash periods across 25 years. Down capture of 19.85%. The deepest dividend culture globally.

Growth of $1 invested in dividend growth screen on Canadian stocks (TSX) vs TSX Composite from 2000 to 2025.

dividend investing

Dividend Growth on Canadian Stocks: Best Risk-Adjusted Returns in Our Dataset (TSX Backtest)

We ran a dividend growth screen on Canadian stocks (TSX). 8.60% CAGR vs 3.95% for the TSX Composite, with 5.13% alpha, 0.441 Sharpe (highest tested), and only -20.19% max drawdown.

CAGR comparison of dividend growth screen across 14 global exchanges from 2000 to 2025.

dividend investing

We Tested Dividend Growth Investing Across 14 Markets. 11 Beat Their Local Benchmark.

We ran a dividend growth screen on 14 global exchanges, each compared to its local benchmark. 11 of 14 show positive alpha. UK led with +6.68% vs FTSE. Canada had the best Sharpe (0.441). India delivered 13.64% CAGR with just -3.99% drawdown.

Growth of $1 invested in dividend growth screen on German stocks (XETRA) vs DAX from 2000 to 2025.

dividend investing

Dividend Growth on German Stocks: 5.94% CAGR, +0.90% Alpha Over the DAX (XETRA Backtest)

We ran a dividend growth screen on German stocks (XETRA). 5.94% CAGR with 323% total return, beating the DAX by +0.90% annually with 8% down capture. Genuine alpha with spectacular downside protection.

Growth of $1 invested in dividend growth screen on Indian stocks (NSE) vs Sensex from 2000 to 2025.

dividend investing

Dividend Growth on Indian Stocks: 13.64% CAGR, +1.58% Excess vs Sensex (NSE Backtest)

We ran a dividend growth screen on NSE stocks. 13.64% CAGR vs 12.06% for the Sensex. Just -3.99% max drawdown. Down capture of -31.37%. Modest excess return, exceptional risk profile.

Growth of $1 invested in dividend growth screen on Swiss stocks (SIX) vs SMI from 2000 to 2025.

dividend investing

Dividend Growth on Swiss Stocks: Low Volatility, Positive Alpha (SIX Backtest)

We ran a dividend growth screen on Swiss stocks (SIX). 4.31% CAGR vs 1.74% for the SMI, with the lowest volatility (11.32%) of any exchange tested. +2.57% annual alpha over the local benchmark.