Guest post by Lowell Miller, Founder and CIO of Miller/Howard Investments.
Miller/Howard Investments, Inc. is an independent, SEC-registered investment boutique with over two decades of experience managing equity portfolios for institutions and individuals in disciplined, dividend-focused investment strategies.
The human face of dividends
Investors are in a perpetual state of anxiety about the reliability of the information they’ve already received from management. When a dividend change confirms earlier reports, investors are willing to reduce the necessary skepticism that is always a conscious or unconscious factor in their valuation equation.

