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When is a dividend not a dividend?

As a long-term investment strategy, dividends are difficult to beat.

Some dividends aren't dividends at all. Sometimes they are a distribution known as a return of capital, which are actually returns of an investment instead of returns on an investment.

Some dividends aren't dividends at all. Sometimes they are a distribution known as a return of capital, which are actually returns of an investment instead of returns on an investment.

There is much confusion about these payments because many companies report that the distributions don't cause imme

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