USC-Col 2006-Honors Finance/Econ Grad MD

Many Companies Are Still Raising Dividends

This is promising news actually. I think it was well-researched as well. I belive the negatives of the economics are focused in the financial sectors, who are responding beautifully. They're cutting dividends to retain more earning to be used for the business. I believe American is cutting dividend and selling more common stock. The dividend cut retained earning increases negates the dilution of the common stock for Bof America. Beautiful move. If I had access cash, I would love to get in there. Because if they're weathering financial storm now, amidst the credit crunch, eventually they may hit the mark that goldman sachs' is and where lehmans bros once was in the 90-150 range per share. I'll definitely check those companies mentioned above out.