An ideal next step would be for dividends to replace bonuses as the main incentive in executive compensation, so that pay rewards good fiscal performance.
For example, if you are cutting fossil fuel based energy companies that distribute big dividends you might find renewable energy companies and other companies with big dividends as a combination to replace that position.
Anyone who really needs to replace lost dividend income should look at bonds, whose very existence is defined by cash flow.
Executives at Mr. Potanin's private equity fund, Interros, meanwhile, have suggested that Mr. Deripaska wants to replace management so he can raise dividends, siphon money from Norilsk and pay down debt at his other companies.
But the decision to replace Swann with Anderson paid immediate dividends as the Lancashire paceman found the edge of Boult's bat to spark overdue celebrations among the England players.
In a move that would pay dividends later in the match, Klinsmann called on Brooks to replace Besler at the start of the second half.
The government has the right to convert the preferred shares into common stock if the banks fail to pay dividends -- a move that would immediately give it the votes to replace the banks' top executives and directors.
The only half-time change Newcastle made was to replace Tom Penny with Socino, and it paid instant dividends as the Argentinian barged his way over three minutes after the restart.
The Vanguard Group, the second-largest American mutual fund company, behind Fidelity Investments, announced plans last month to replace its utilities fund with one that focuses on dividend-paying companies from a wide range of industries.
Hell-bent to replace reserves, Shell has earmarked just $5 billion this year for dividends and share buybacks compared with $20 billion each for ExxonMobil and bp.
