About the Editor

David Harrell is the editor of Morningstar DividendInvestor, a monthly newsletter that highlights activities pertaining to a Morningstar, Inc. account invested in accordance with a strategy that takes a concentrated, best-ideas approach when investing in select common stocks of dividend-paying companies and other securities. The strategy seeks firms with wide or narrow moats that we believe are in a stronger competitive position than their peers and that are trading at a reasonable price.

David served in several senior research and product development roles and was part of the editorial team that created and launched Morningstar.com. He was the co-inventor of Morningstar's first investment advice software. David joined Morningstar in 1994. He holds a bachelor's degree in biology from Skidmore College and a master's degree in biology from the University of Illinois at Springfield.

Our Portfolio Manager

George Metrou is an equity portfolio manager for Mornigstar Investment Management LLC. Metrou joined the team as a portfolio manager in August 2018. Before joining Morningstar Investment Management, he was an equity portfolio manager with Perritt Capital, and as a portfolio manager with Perritt Capital Management. Prior to that he served as Director of Research and as an equity analyst at Perritt Capital, and as a portfolio manager with Windgate Wealth Management. He holds a Bachelor's degree in finance form DePaul University, and he also holds the Chartered Financial Analyst® designation.

 
Investment Strategy

Dividends are for everyone regardless of age. The outcome of owning dividend-yielding stocks is the key variable-higher-yielding stocks with safe payouts being less risky while affording investors who don't need current income the ability to reinvest/reallocate the capital.

The goal of the Dividend Select Portfolios is to earn annual returns of 8% - 10% over any three-to-five year rolling time horizon. We further seek to minimize risk, as defined by the probability of a permanent loss of capital. For our portfolio as a whole, this goal is composed of:

3% - 5% current yield
4% - 6% annual income growth

 
About Josh Editor's Photo
David Harrell
Editor, Morningstar DividendInvestor
David Harrell is the editor of Morningstar DividendInvestor, a monthly newsletter that highlights activities pertaining to a Morningstar, Inc. account invested in accordance with a strategy that takes a concentrated, best-ideas approach
Current Issue
Past Issues
Dividend Investment Strategy
DividendInvestor Subscriber's Manual
Morningstar DividendInvestor is intended for self-directed investors who have not hired an investment adviser to provide advisory services and do not reflect the deduction of any advisory fees. Your subscription may only be used for your own personal, noncommercial use and not for any use on behalf of any third party. It may not be used to service, or otherwise perform work on behalf of, any brokerage, financial services or related person(s) or their clients.
Our Picks composite portfolio performance
Composite Portfolios

The Dividend Select and Dividend non-MLP Select strategies are managed by Morningstar Investment Management LLC. Morningstar Investment Management’s subsidiary offers these strategies through a discretionary investment advisory service (“Advisory Service”). The "Net of Fees" performance shown reflects the deduction of a model fee equal to the maximum advisory fee that could be charged to the strategy through Morningstar Investment Services’ advisory program, brokerage or other commissions, and other expenses that a client paid in connection with the advisory services they received, and are calculated by deducting these fees from the gross returns.

 
Customer Support
Product Support
Inquiries regarding your subscription such as address changes, missing/damaged issues, etc.
Phone: 1-800-957-6021 | Mon-Fri 8:30AM-5:00PM
Inquiries regarding technical issues such as logging in or downloading
Phone: 1-312-424-4288 | Mon-Fri 8AM-6PM
E-mail: newslettersupport@morningstar.com
Product Sales
Inquiries regarding your subscription renewal, billing or to learn about other Morningstar investment publications and resources
Phone: 1-866-608-9570 | Monday-Friday 8AM-5PM CST
E-mail: newslettersupport@morningstar.com
Contact Your Editor
 
About the Editor


David Harrell is the editor of Morningstar DividendInvestor, a monthly newsletter that highlights activities pertaining to a Morningstar, Inc. account invested in accordance with a strategy that takes a concentrated, best-ideas approach when investing in select common stocks of dividend-paying companies and other securities. The strategy seeks firms with wide or narrow moats that we believe are in a stronger competitive position than their peers and that are trading at a reasonable price.

David served in several senior research and product development roles and was part of the editorial team that created and launched Morningstar.com. He was the co-inventor of Morningstar's first investment advice software. David joined Morningstar in 1994. He holds a bachelor's degree in biology from Skidmore College and a master's degree in biology from the University of Illinois at Springfield.

Our Portfolio Manager

George Metrou is an equity portfolio manager for Mornigstar Investment Management LLC. Metrou joined the team as a portfolio manager in August 2018. Before joining Morningstar Investment Management, he was an equity portfolio manager with Perritt Capital, and as a portfolio manager with Perritt Capital Management. Prior to that he served as Director of Research and as an equity analyst at Perritt Capital, and as a portfolio manager with Windgate Wealth Management. He holds a Bachelor's degree in finance form DePaul University, and he also holds the Chartered Financial Analyst® designation.

Investment Strategy


This strategy takes a concentrated, best-ideas approach when investing in select common stocks of dividend-paying companies and other securities such as American Depositary Receipts, master limited partnerships, and real estate investment trusts. It seeks firms with wide or narrow moats that we believe are in a stronger competitive position than their peers and that are trading at a reasonable price.