When stock prices fall, dividend growth investors get excited. They know that dividends aren’t affected by stock prices. Dividends are paid out of earnings and earnings are related to revenue, not stock price. In fact, as dividends remain steady or slightly improve as stock prices fall, the corresponding yield increases proportionally. And yield is where the dividend growth investors are focused when it comes to buying decisions. Yield is about as deep as dividend growth investors delve into the world of technical analysis.
If you're a dividend growth investor, get excited.