Objective and strategy
For North Star Dividend, generating dividend income is the primary goal. Capital appreciation comes second. They pursue that goal by investing primarily in dividend-paying small- and micro-cap stocks. They typically target stocks under $1 billion in market cap, which is quite low even for a small-cap fund. Their preference is for stocks yielding over 3%.
The fund’s strategy has them seeking companies with market capitalizations of less than $1 billion that pay dividends, have a history of paying and increasing dividends, and have high free cash flow and attractive values, as measured by their Continue reading →