Our Global Dividend Growth strategy focuses on owning large-size companies that generate over half of their revenues in markets outside of the United States. The strategy seeks to protect capital in falling markets, deliver an above-average income stream, and provide strong performance all relative to global large-size company managers.
Bahl & Gaynor’s equity selection process yields an investable universe of companies that are managed conservatively and for long-term growth have stable and sustainable business models, and reward shareholders of the company with a growing dividend. From this investable universe, the Global Dividend Growth strategy seeks larger companies with the ability to grow their dividend payments at a high rate in the future. The strategy only examines the growth rate of dividend payments in the company’s domicile currency.
Over a full market cycle of five to seven years, Bahl & Gaynor’s Global Dividend Growth strategy seeks to outperform its benchmark and large-capitalization global peers all in the context of a lower-than-average portfolio risk profile.
Client portfolios will generally be diversified among a selection of 40 to 60 common stock issues with each security typically held for three to five years. Low portfolio turnover combined with the favorable tax treatment of dividend income results in a cost and tax-efficient portfolio.