"Why I Hate Dividends"https://canadiancouchpotato.com/2011/01/18/debunking-dividend-myths-part-1/I brought this up awhile back, and realize that the conventional thinking holds that dividend income is always preferable to no dividend. However, in my view, that's an opinion that gets swallowed without much critical analysis.
Yes, for some dividend income might be beneficial - even despite the fact that it has been taxed twice - once as income for the company, and then again when it is paid to you.
That said, the value of dividend income can vary depending on your personal situation.
Buying a stock because it will give you back a small percentage of what you paid out to buy it in the first place may seem to make a lot of sense on one level, but it amounts to little more than buying a car because the dealer will give you back some of the price you paid in the form of a rebate... Do you really believe you're getting better value than a car that's priced lower in the first place?
In many instances it's six of one and half dozen of another. What a company gives back to you in the form of a dividend payment, it no longer has left on its books to invest in itself by developing new products/paying down debt.
Any company that believes it can't put that money to work more effectively than you can is telling you something.
Dividend income may get preferential tax treatment but capital gains can be taken in years when your income is lower - which, again may be more beneficial to some than others.
Here's a few pieces which would appear to support the idea that dividends aren't always the best option:
Why I hate dividends - Seeking Alpha
https://seekingalpha.com/instablog/513012-formyownaccount/39051-why-i-hate-dividends
https://www.freerepublic.com/focus/f-news/814152/posts
I still hate dividends - J Siegel
https://www.freerepublic.com/focus/f-news/814152/posts
Debunking Dividend Myths - Myth No 1 - Cos that pay a dividend are better than those that don't
https://canadiancouchpotato.com/2011/01/18/debunking-dividend-myths-part-1/