If I had to teach this in one paragraph, I would start here: focusing only on dividend yield can lead you to miss the total-return picture. Three quick checks before you act: 1. Name the mechanism in plain English: Total return includes capital appreciation. A stock growing earnings and reinvesting at high rates may deliver better long-term income even if today's yield is lower. 2. Say why it matters for behavior or portfolio decisions: That matters because the compounding of dividend growth often overtakes a static high-yield position within a decade. 3. Set the review question: If you had to teach this without jargon, what would you tell someone to monitor first? In real life: A company yielding 2% but growing dividends at 12% annually will pay more absolute income than a 5% yielder growing at 1% — usually within 7-8 years. Common slip: The mistake is optimizing for today's income and ignoring the trajectory of tomorrow's income. A lot of confusion disappears once you separate the headline from the mechanism.