While Grasslands only just completed its first year in operation, rancher Jim Howell reports that the two South Dakota ranches are expected to double in value and in productivity over a ten-year period and to yield annual dividends on the order of 4% to 5% in the early years, increasing to 10% to 11%.
For example, he showed how job applicants can use educational attainment as a signal to prospective employers about their likely productivity and how corporations can signal their profitability to investors by issuing dividends.