The Return of the Financial Dividends [View article]
Keep in mind that some banks kept a minimum dividend because some investors - certain institutions and trusts - are prohibited by their charter from owning non-dividend paying stocks.
This is partly behind the reason the government backed off their requirement to have banks stop paying dividends altogether when creating the bailout regulations.
A company that cut its dividend to .01 or .05, to me, is the same as elimination and I'd have to review each situation on its own to see if I'd be interested after the dividend was restored.
The Return of the Financial Dividends [View article]
This is partly behind the reason the government backed off their requirement to have banks stop paying dividends altogether when creating the bailout regulations.
A company that cut its dividend to .01 or .05, to me, is the same as elimination and I'd have to review each situation on its own to see if I'd be interested after the dividend was restored.