Elizabeth Bebb
Director, Factor & Dividend Indices, S&P Dow Jones Indices
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Director, Factor & Dividend Indices, S&P Dow Jones Indices
Liz Bebb is Director, Factor & Dividend Indices at S&P Dow Jones Indices (S&P DJI), focusing on the EMEA region. In her role, Liz focuses on alternate beta strategies, including factor-based indices as well as dividend, quantitative and dynamic-allocation strategies. Liz works closely with the IMPG, Sales, Marketing and Global Research & Design departments to bring new ideas to market. Prior to her current role, Liz had responsibility for U.S. equity indices.
Prior to joining S&P DJI, Liz worked for LGPS Central, managing the pooled equity assets of eight Midlands-based local government pension scheme funds. For the majority of her career, she was an Equity Analyst/Investment Manager working for both asset managers and investment banks covering companies across sectors, market capitalizations and global market regions.
Liz is a CFA charterholder, has a bachelor's degree in economics from the University of Newcastle Upon Tyne and has a master's degree in finance from Stirling University. Additionally, Liz holds the ASIP designation from the U.K. CFA Institute and the CFA Institute Certificate in ESG Investing.
When selecting a high yield dividend strategy, headline yield matters—but so does the strength of the companies delivering it. The ability to sustain and grow dividends over time often depends on underlying business quality. Companies with strong profitability and resilient cash flows are typically better positioned to increase payouts and support long-term price performance. To…
The late-cycle economy is defined as the final phase of the macroeconomic cycle when economic activity hits its peak. The period is characterized by high but slowing growth, rising inflation that may affect profit generation, a tight labor market and volatility in interest rates. Given these conditions, many market participants are considering how best to…
Launched Sept. 23, 2024, the S&P Quality FCF Aristocrats® Indices track companies that consistently generate robust free cash flow (FCF) over a specific number of years. FCF, which represents the cash remaining after a business meets its operational costs and capital investments, serves as a key barometer of company quality. The S&P Quality FCF Aristocrats…
The S&P Europe Quality FCF Aristocrats® Index introduces the quality free cash flow (FCF) methodology to the European region. The index methodology selects high quality companies in the S&P Europe LargeMidCap universe that emphasize consistent and efficient free cash flow (FCF) generation.1 Our recent education paper explores the use of FCF metrics in creating indices…
By aggregating a company’s dividends, net buybacks and net debt reduction, shareholder yield provides a comprehensive measure for identifying companies that return the most value to their shareholders. The S&P 500® Resilient Shareholder Yield Index tracks 100 companies from the S&P 500 universe that exhibit high shareholder yields and strong fundamentals relative to their peers….
The S&P 500® Market Leaders Index is designed to track companies within the S&P 500 that hold significant market share and sustainable competitive advantages. Unlike the broader S&P 500, this index zeroes in on companies that consistently outperform their peers in terms of return on invested capital (ROIC), free cash flow (FCF) generation and substantial…
While the S&P Dividend Aristocrats® Indices have been in existence for almost two decades, only now has the “Aristocrats” moniker been extended to a new series: the S&P Quality FCF Aristocrats® (Free Cash Flow Aristocrats) Indices. Like the S&P Dividend Aristocrats, this new series emphasizes consistency and the selection of high quality companies. While they…
The S&P Quality FCF Aristocrats® (Free Cash Flow Aristocrats) Indices measure companies that consistently generate robust FCF over many years. FCF, the cash remaining after a business covers its operational costs and capital investments, is crucial because it provides financial flexibility. Companies with high FCF can invest in growth opportunities, pay dividends and reduce debt,…
The S&P High Yield Dividend Aristocrats® tracks companies that have grown their dividends for a period of at least 20 consecutive years, offering equity participation and the potential for enhanced dividend income. Our recent blog highlights that the dividend growth rate for the S&P High Yield Dividend Aristocrats has exceeded inflation over the long term…
Indices that not only track the broad equities market, but also offer the potential for enhanced dividends may appeal to those searching for income within the equity asset class. In this blog, we investigate what the Dow Jones U.S. Select Dividend Index has historically brought to the table, including high dividend income, superior risk-adjusted performance…