antiquary

Markets Punish Dividend Cutters

Cutting a dividend indicates the company doesn't have a firm grip on its business? Only in ordinary times. This is no cyclic downturn.

These days, selling a company because it's cutting a dividend is like breaking up with a nymphomaniac with multiple personality disorder because she's currently on a rare personality that doesn't want to sleep with you. These companies have the dividend habit. They'll be back, and reward most those who had faith in them.