Are stock dividends going the way of the dodo?
Once upon a time, there was a company that consistently raised its dividend. Investors came to love that company. And its stock price increased. Then the 1990s arrived and nobody loved it anymore.You could apply that heart-wrenching tale of corporate misery to a great number of companies that have missed out on the recent exploding multiples party. Who was invited? High-tech companies with minuscule or non-existent yields. Who got left out? Old economy stocks, dividend paying or not. But recent
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