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In this video, we look at dividend yield and explain why it's not really a valuation multiple and the paradox that high yields can lead to lower income. Dividends can be an important element of investors' returns but too often, people can confuse this with valuation. We explain how to avoid this mistake. You can see this video with helpful additional written explanation in our free training area. (You will need to sign up to get access). https://club.behindthebalancesheet.co... IMPROVE YOUR INVESTING SKILLS Interested in improving your investing skills – check out our paid courses, delivered by Steve Clapham: Why you should consider a course to learn about investing: https://courses.behindthebalancesheet... Our list of courses: https://courses.behindthebalancesheet... Our most popular course is the Analyst Academy which will take your from a novice to become a proficient investor: https://courses.behindthebalancesheet... GET THE BOOK Or check out Steve’s book: https://www.behindthebalancesheet.com... Buy it on Amazon (affiliate links) Amazon.com: https://amzn.to/32yaQ7E Amazon.co.uk: https://amzn.to/35DLuaH OUR FREE CONTENT The Behind the Balance Sheet club has many interesting articles https://club.behindthebalancesheet.co... Check out our blog, where we write in-depth analyses of companies, accounting and investing. https://www.behindthebalancesheet.com... DON’T FORGET TO SIGN UP FOR OUR NEWSLETTER (INCLUDED WITH CLUB ACCESS) https://club.behindthebalancesheet.co...