Dividend Report Card: Chevron
Published Mon, 19 Jul 2010 on The Motley Fool

All dividends are not created equal. We learned this lesson the hard way in recent years. In the first quarter of 2009 a record 367 firms cut their dividend payouts only to be followed by another 250 in the next quarter. Because dividends are at the board of directors’ discretion, when times get tough a firm’s dividend payout can meet the corporate chopping block.... Read more