Steady Income In A Volatile Sector
What would you think of a stock that had the following characteristics: Current yield: 7.7% No dividend quirks: Not a LP, MLP or foreign stock with withholding rules. Steady dividend growth: 2004: $1.55 per share, 2005: $2.00 per share, 2006: $2.09 per share, 2007: $2.20 per share and a minimum of $2.27 for 2008. The quarterly dividend has never [...]