donzelion

Ten Dividend Champions, 50 Plus Years of Consecutive Increases

Shareholders shouldn't look at dividends as some kind of reward by a company, nor should we interpret dividends as a sign of a strength or health.

Steady increases that keep pace with inflation does tend to indicate honest management that puts its duties to shareholders first. If a company fails to offer a dividend (or a share buyback) and fails to give a reason why, then that company better have a very clear justification (e.g., emergency, massive mergers, or whatever other justification...)

Corporate managers are nothing but servants of the shareholders. Would you pay a maid or a gardener a share of the increased value of your house? Would you praise a gardener if he kept up with the household gardening, even as the plants within the garden grew?