by Nilus Mattive on October 15, 2008
in General
These are certainly the wildest markets I’ve ever seen — I mean, the Dow is regularly swinging 1,000 points!
And it seems as though someone is always asking me, “What do you think of the market today?”
My response is this: “I try not to think of the market in terms of days.”
Maybe [...]
I am as disappointed to see Bank of America’s dividend cut as anyone. The stock is one of the only financial positions in the Dividend Superstars portfolio, and I thought the company would honor its promise to keep its payout at least stable through the current crisis.
I was wrong. Circumstances — which sure include [...]
I just got the latest dividend stats from S&P, and they’re grim. Six companies — basically all the financials that went under in September — cost investors $3.8 billion in dividends. So far in 2008, a full 30 financial comapnies have decreased their payments, leading to $24.1 billion in missed dividends.
On the positive side, [...]