Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Jock Hutchinson who wrote (23898)	7/18/2001 3:01:32 PM
From: sea_biscuit	Respond to of 25814

I won't be worried about it as long as companies that have increased their dividends for 15, 20 years or longer keep doing so. If ever companies like MRK, ADP, WRE cut their dividends, that is when I will worry. Not until then. If the present turmoil weeds out the companies that do not really have the cash flows to pay dividends, i.e. pretenders like Nortel, Corning and AT&T, that is all for the better. Btw, the dividend-paying stocks in my portfolio are : SON, SYY, ABT, ADP, MO, PLL, WRE, AWK, MRK, KMB, PEP. I expect none of them to cut their dividends going forward. But if they do, they are out of my portfolio! The article says that investment clubs rarely ever discuss dividends. Well, in the coming years, those clubs (after their numbers are cut at least in half, of course!) will have to talk about dividends because... The era of funny money is over!

To: Jock Hutchinson who wrote (23898)	7/18/2001 3:47:06 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 25814

Jock, of the companies mentioned in the article -- UAL, Nortel Networks, USG, Xerox, Corning, CSX, Bank One, AT&T, J.C. Penney and Polaroid, I would be surprised if even two or three of them had increased their dividends every year for the last 10 years. I think it is probably zero, though there is a slight chance that Bank One did.

To: Jock Hutchinson who wrote (23898)	7/19/2001 6:09:17 PM
From: sea_biscuit	Respond to of 25814

Jock, The "boring" dividend stock, Washington REIT (WRIT -- NYSE: WRE) does it -- increasing earnings by a "boring" 18%... again! What a bore, huh?! Excerpt: WRIT's streak of 35 consecutive years of increased earnings per share and 28 consecutive years of increased FFO per share growth spans 4 recessions. WRIT's dividends have increased every year for 30 consecutive years. During these 30 years, WRIT's dividends have increased 36 times, a record unmatched by any other publicly traded real estate investment trust. WRIT shares are publicly traded on the New York Stock Exchange (symbol: WRE). Don't count on WRE to cut its dividend! <g> In the last 30 years, a $10,000 investment has increased to $1.6 million, almost mainly because of dividend re-investment. Turn $10,000 into $1.6 million? Did I hear somebody say that they can do it in a mere two years by dabbling in tech stocks selling at God-knows-what-valuations?! Not anymore! Because... "The era of funny money is over" Welcome, "investors", to the world of dividends, aka "the world of real money"! <g>