KVUE
Kenvue Inc.
stock NYSE

Long term, high dividend stocks tends to be highly mature and stable business that function more as a (hopefully) high interest rate account rather than a speculative bet on the company’s future.
The point being, if the company has ran out of meaningful ways to spend the money to grow the business, and is rather giving back to shareholders, then you wouldn’t really have too much reason to bank on the stock going up up in the future. These are usually directly correlated tho not always.
Stock buy backs is the more popular form of giving $$$ back to shareholders when business don’t know where to spend the money on, but much more one time in nature for stocks that are otherwise still volatile or overpriced (in terms of P/E). One of the old reasons people that used to care about P/E is about whether one day it can mature into a reliably high return rate via dividends
If you think from that lens, a Tesla or Palantir can return like 0.1 cent on the dollar in dividends if they really wanted to - who gives a fuck. No one is going to buy at that price with that return for dividends. You might as well spend it all in R&D and spin up more dreams.
Meanwhile, KVUE is paying 21 cents per share at $19 which is 4.35 cent on the dollar, that beats a lot of interest rate / bonds.
You are investing in completely different classes of assets of where the value is even about.

Long term, high dividend stocks tends to be highly mature and stable business that function more as a (hopefully) high interest rate account rather than a speculative bet on the company’s future.
The point being, if the company has ran out of meaningful ways to spend the money to grow the business, and is rather giving back to shareholders, then you wouldn’t really have too much reason to bank on the stock going up up in the future. These are usually directly correlated tho not always.
Stock buy backs is the more popular form of giving $$$ back to shareholders when business don’t know where to spend the money on, but much more one time in nature for stocks that are otherwise still volatile or overpriced (in terms of P/E). One of the old reasons people that used to care about P/E is about whether one day it can mature into a reliably high return rate via dividends
If you think from that lens, a Tesla or Palantir can return like 0.1 cent on the dollar in dividends if they really wanted to - who gives a fuck. No one is going to buy at that price with that return for dividends. You might as well spend it all in R&D and spin up more dreams.
Meanwhile, KVUE is paying 21 cents per share at $19 which is 4.35 cent on the dollar, that beats a lot of interest rate / bonds.
You are investing in completely different classes of assets of where the value is even about.