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Bloomberg Surveillance · Thursday, September 3, 2026

Dividend Growth Still Relevant but More Selective, Especially for Non-AI Companies

David Bonson argues that dividend growth is "as alive as ever, but it is more selective" and opportunistic. He believes that with more S&P companies not growing or paying dividends, those that do are even more special, particularly for companies not directly involved in AI.

tickerS&PpersonDavid BonsonpersonTom

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No, I think dividend growth is as alive as ever, but it is more selective. It is more opportunistic. And when the overall population, Tom, is less participating, it puts a premium in the value of those who are doing it. I think that the greater number of S & P companies that either don't grow or don't pay a dividend makes those who do even more special.
Heard on Bloomberg Surveillance — “Market Risks and Equity Melt Up, published Thursday, September 3, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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