5 Stars and 4 Globes
A Warm Welcome to 2021!
Last year was a difficult year for many of us but we did learn to be grateful for the good in our lives.
At CAIM we are thankful to have such wonderful clients. And despite all the darkness of 2020, we wanted to let you know about the great accomplishments we saw for CAIM’s Dividend Growth ESG strategy:
1. CAIM was recognized by Morningstar with a 5 Star rating for performance, their highest designation.
2. ESG, strong corporate stewardship by companies acting in the best interests of it’s employees and shareholders is an important focus for CAIM. Morningstar has awarded CAIM 4 Globes for our sustainability rating.
3. The dividend growth in our portfolios continued to remain above average, even in a year when companies were cutting and eliminating dividends.
4. The dividend yield on our portfolio is 3.2% which is double the S&P 500 yield of 1.51% and 3 times greater than the 10 year treasury note of 0.92% (FYI, the 2 year treasury yields 0.12% and the average money market fund 0.50%).
Important to add that the year did end on a positive note, despite all the volatility in the financial markets.
You will hear more from us in the coming week about performance in 2020, and our outlook for 2021.
Many thanks to all of you and we wish everyone the best in 2021!
