When looking at the competing priorities related to health-care reform between Donald Trump and Joe Biden, what is most striking is the degree of overlap. Both want to address surprise billing. Both want to allow drug reimportation. Both are considering an international reference price scheme. Both seek to reduce individuals’ out-of-pocket expenses. The means of getting to these outcomes are somewhat different, but the themes are consistent.
At Coho Partners, we believe in equality and respect for all people. We treat others the way that we want to be treated. Coho strives to foster a culture of diversity and inclusion that celebrates independent thinking. We firmly believe that the collective sum of our individual differences, backgrounds, life experiences, knowledge, thoughts, ideas, talents, and capabilities allow us to obtain greater results as a team than we could individually.
A company’s capital allocation profile is an important element of CohoPartners’ investment process, with the dividend being a component of this along with internal investment, debt repayment, share shrink,and M&A activity. While we do not require every company in the Coho 250 investable universe to pay a dividend, most do and every company in the portfolio today does.