Investing for income is probably as old as investing itself. The need for stock to produce flow is likely timeless. Famously, the social nuances of Pride and Prejudice and the sober words of Jane Austen still resonate: ‘Mr Darcy soon drew the attention of the room by his fine, tall person, handsome features, noble mien, and the report which was in general circulation within five minutes after his entrance, of his having ten thousand a year.’ That said, dividend investing has had a hard time recently. The lure of growth at seemingly any price has dominated. Stocks paying dividends have…

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