Usually, slow growers are those growing less than the GDP rate, if we assume gross GDP growing at 7-8% these are growing at 4-5% annually.
The market does not like these companies because of their slow growth so they trade at low multiples, but (2/n)
Providing consistent dividends with a slight increase every year, because of the low multiple (PE) initial dividend yields look higher say, 5-6% ( higher than the pre-tax term deposit interest rates) but the growth is very low and the probability of capital appreciation (3/n)
I convinced a few of my relatives and friends to invest in quality businesses for the long run by presenting the facts with examples( they are not naive and they have been in the market for 5-6 years, but don't know about business analysis) and also told them about the proper...
.....risk management and how to handle the situations during the different phases of the market, but never suggested any individual stock, finally changed their mindset.