Praised Be The Payout Gods

A year ago dividends were dying, now they are being reborn – HALLELUJAH AND PRAISED BE THE PAYOUT GODS. The first quarter of last year was the worst period in dividend history. For S&P 500 issues, Q1 2009 had 46 decreases that cost dividend investors $42 billion annually in lost income. Back then it was one bad announcement after another: GE, BofA, Citi, JP Morgan, Pfizer, and increases,...