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Shareholders have had decent dividends on the way, of course, but in share price terms, M&S is roughly where it started.
* BT: Ted Scott, the manager of Foreign & Colonial's UK Growth and Income Fund, says that with decent dividends, BT has merits as a defensive share, but he argues that the company's growth potential has been underestimated.
Meanwhile, on the bricks-and-mortar side, stocks have often been penalized for earning real money and paying decent dividends -- embarrassing proof, in the current climate, of a lack of corporate imagination.
On Friday's show, one of his featured stocks was Watsco, a heating and ventilation company that was paying out decent dividends as its stock sunk along with the rest of the market.
Some credit unions pay pretty decent dividends – for example, Glasgow Credit Union paid 3% for the year ending September 2011, which is a very good for instant access cash, while 6 Towns Credit Union, catering for those in the Sandwell area of the West Midlands, says that for the past three years, its dividend has been 3.29%.
Investors flocked to utilities in 2007, attracted to steady earnings, decent dividends and solid demand.
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"The equity market isn't just promising decent dividend income, but also the ability to grow that income in the future," Mr. Freeman says.
It can afford a decent dividend, and this yield should put a floor under the share price as it rides out the budget downturn.
Bloomsbury will probably give out a decent dividend or buy a few good businesses - or else a buyer will come in.
But another group will take up the management board's offer and buy more shares at a cheap price - most in the expectation of further gains and decent dividend payments.
The thinking has been straightforward: you can't go far wrong with a decent dividend and exposure to emerging markets, source of more than half Unilever's sales these days.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com