New Study Analyzes Beneficiaries of Dividend Tax Rate Reduction

Ernst & Young has updated its landmark 2008 study, “The Beneficiaries of the Dividend Tax Rate Reduction: A Profile of Utility Shareholders,” to capture the latest information about the impact of dividends on ordinary utility investors. Among other things, this exhaustive research shows that many utility shareholders rely on dividend earnings to supplement their income. To gain a better understanding of this important issue, and to further explore Ernst & Young’s findings, you can download and read the entire report here (PDF).