Yes, for those who live on unearned income, these are flush times. Thank you, George Bush and the Republican Party.
Cash Flow in ’04 Found Its Way Into Dividends
By FLOYD NORRIS
Published: January 4, 2005
American companies stepped up their dividend increases in 2004, buoyed by strong cash flows and by a changed tax law that made dividends more attractive to shareholders.
But the really good news for shareholders on the dividend front was that the number of negative dividend actions hit a record low of just 64. Of those, 35 were announcements of dividend cuts and 29 were decisions to omit dividends entirely.
Oh, you work for a living?