Altrius Paying Dividends

The average investor saw a volatile year packed with false rallies and lower lows. The environment has changed. In his December 13th, 2022 memo to shareholders, Howard Marks regards this as the third “Sea Change” he has experienced.

Altrius’ strategy has remained constant for the last 25 years; invest in durable companies that pay their shareholders to wait for long-term appreciation. When Altrius’ clients take the natural income in their portfolios to satisfy their living needs, we never have to sell shares when the market is down. The core of our strategy involves utilizing fundamental research into the companies we invest in. We review their financial reports, monitoring their balance sheets and payout ratios so that even in years with recession looming and missed earnings, they are still fundamentally strong and able to increase their dividends.

In 2022, 80% of Altrius’ US and International stocks raised their dollar dividends. The dividend income our client’s received increased by 18% from 2021. While the strategy is not flashy, it enables our clients to either take the income to satisfy their retirements or to reinvest the income for compound growth. Please don’t hesitate to reach out with any questions or to schedule a meeting with an advisor.