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  • Eight Companies That Are Hiking Dividends [View article]
    Lets not forget PFE, bring my two largest holding PFE and GE down 50 and 70% respectively. I kinda nauseous.


    On Mar 01 05:26 PM paultaut wrote:

    > It pays to invest in companies with rising dividends but will they
    > continue to do so.
    >
    > Dow Chemical cut its dividend for the first time since inception,
    > thats 96 years. GE last week. How long can you feel safe that the
    > above mentioned companies will not eliminate their dividends when
    > the onerous Obama Corporate Taxes hit.
    >
    > For years Corporations have shielded earnings by using writeoffs.
    > Corporations are currently writing off everything they can, including
    > the Kitchen sinks.
    >
    > Taxable earnings and Incoming taxes are going to be reduced exponentially
    > because taxable earnings are going be shielded by Billions in writeoffs.
    >
    >
    > Believe me, accounting rules will be changed to disallow the application
    > entirely or there will be some other modification. Obama needs the
    > Income for his programs, being unable to fund them because of the
    > writeoffs being used to shield taxable income will not sit well.
    >
    >
    > Something will have to change. In my opinion, the dividend payouts
    > by all corporations are based on current accounting practices. Those
    > practices will change and until we know how much, no one can forecast
    > what will remain.
    Mar 02 08:09 am |Rating: +1 0 |Link to Comment
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