Our Family of Companies
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Dividend Equity Strategy

The strategy seeks a high level of current income and long-term growth of income and capital through a portfolio of high quality large cap and dividend-paying equity securities. 

  • Disciplined and repeatable process supported by theory and evidence
  • Above average income and income growth without the traditional biases of high dividend investing
  • Prudent diversification with sector neutral positioning
  • Highly experienced and stable team
  • Low cost with favorable risk and return characteristics

Dividend Equity Commentary (PDF)

Dividend Equity Fact Sheet (PDF)

Large Cap / Dividend Income
S&P 500
Jan. 1, 2016


The team believes:

  • Dividend paying stocks tend to outperform over time with less risk
  • Companies with high barriers to entry sustain excess profits over time that promote dividend growth
  • Traditional dividend strategies often have unintentional embedded exposures
  • Avoid large exposures that are not supported by strong investment rationale

Portfolio Construction

Unique approach results in a portfolio of high quality companies with sustainable competitive advantages and high returns on capital that should pay reliable, growing dividends at reasonable valuations

  • Sector exposures generally +/- 2% versus benchmark
  • At least 90% of the portfolio invested in S&P 500 securities
  • Typically 70-90 holdings

Strategy Facts

As of 3/31/2023
Assets Under Management
$4.3 billion
eVestment Universe U.S. Dividend Focus Equity
Investment Vehicle Separate Account



Austin Kummer

Austin R. Kummer, CFA

Vice President, Senior Portfolio Manager

Career Summary
Fort Washington Investment Advisors, Inc.

BBA - Ohio University
MBA - Xavier University

Meet Austin Kummer
Jamie Wilhelm

James E. Wilhelm, Jr.

Managing Director, Senior Portfolio Manager

Career Summary
Riggs Investment Management
First Union Securities
Evergreen Funds
Salomon Smith Barney

BS - Wingate University
MBA - Johns Hopkins University

Meet James Wilhelm
Brendan White

Brendan M. White, CFA

Senior Vice President, Co-Chief Investment Officer

Career Summary
Ohio Casualty Corporation

BS - The Ohio State University
MBA - Xavier University

Meet Brendan White