RYLPF - Listen To Company Insiders: May Dividend Raises
I have many cynical friends that argue the only way to beat the market is with non-public inside information. Let's be clear: Trading based on material non-public inside information is illegal. Don't do it.
There are, however, indirect signals sent to the market by those with inside information. One of those signals is dividend policy.
Essentially, an executive team should have the best knowledge of their company's opportunities and prospects. They have access to material non-public information because they know the future product pipeline, internal investments, organizational changes, potential M&A activity, etc. One might also