When the world appears to be collapsing in around you and things look their darkest, it is then when character is determined and leaders rise to the top. On Tuesday, U.S. Treasury Secretary Timothy Geithner called for a new program that combines public and private capital to be used in a fund that will buy troubled assets of up to $1 trillion, aimed at unfreezing credit markets. The the markets were underwhelmed. Many companies, such as Harley-Davidson (HOG) and Dow Chemical (DOW), used this smoke screen to slash dividends, but in the midst of the turmoil, an American Aristrocrat and a Canadian Achievier stood tall.
3M (MMM) and Manulife (MFC) Answer The Leadership Call *
Big Names and Dividend Cuts Make The News *
Dividend cuts, such as Pfizer’s (PFE) 50% slash earlier this week, along with big name companies such as General Electric (GE) and Dow Chemical (DOW) trying to convince their shareholders they won’t cut their dividends still dominate the business news. What is being overlooked is the steady stream of companies stepping up to the plate and raising their dividends, as good companies do – even during recessions.
Double-Digit Dividend Securities In the News *
Mango trees will settle into a cropping pattern by the third year after planting and reach peak production in six to eight years. The tree is long-lived with some specimens known to be over 300 years old and still producing fruit. Dividend investing is similar to planting a mango tree. Things start very slowly at first. It appears as if all your efforts are in vain, but ever so surely the process begins to produce fruit (dividends). Just as picking fruit from a mango tree does not harm it, living off dividends does not damage the investment’s ability to produce future results.


Best Stocks for 2011 *
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