What’s The Deal With The Dividend Gross-Up!?

I absolutely love dividend income. One of my rules for investing in stocks is it must pay a dividend. If the stock does not pay a dividend, I am much less likely to want to buy that stock. There are, of course, some exceptions to my dividend love affair rule. But the idea of sitting back, relaxing, and doing, quite literally, absolutely nothing, and have money rolling in, definitely appeals to me. Perhaps that makes me sound lazy, but as Warren Buffet said, and I paraphrase, “If you...