What if dividends were actually irrelevant to your long-term performance as an investor. That's what two Nobel prize winning economists posited over 60 years ago and there's surprising evidence for their case.
In this video, we'll look at why investors -- particularly those who plan to invest for 10 years or more -- should focus on business growth first and dividends afterwards.
And thinking this way is actually how I was able to lock in a 3.8% dividend yield on cost compared to the 1.3% yield the stock offers to anyone who buys today.
Jon Quast isn't trying to get you to buy or sell anything. The information in this video is simply meant to help you do your own due diligence before doing anything with your money. Jon owns shares of United Rentals.