The church received a good insurance payout, and donations have been coming from all over.
"Enjoy the wedding," he quipped, "because tomorrow's the wake". Oppenheimer & Co. analyst Michael Metz said investors in general were also "putting more emphasis on total return," looking for both capital gains as well as good dividend payouts.
"Their cash position is pretty good, and the payout won't be overly stretched by this," he said, "but they're going to work hard to make sure they can hold that number together for 2009, and we know organic growth is definitely starting to soften".
Even if future gains are more tempered, investors can enjoy average 3.2% yields on apartment stocks (slightly below the overall REIT average) and good prospects that payouts will grow.
A good chunk of that payout should go to the lawyers who wrote Mr. Karmazin's employment contract.
On the face of it, that might seem like a good deal: a 15percentt payout just to make sure that someone shows up at the government's request.
That should mean good things for the payout, which is one of the most generous among the Aristocrats.
While the payout was good for farmers, van der Heyden lamented that it left the company with no capital to pursue its growth strategy.
The dividend has been steady since April 2009 at $0.085 per quarter, good for an annual payout of $0.34 and a 3.6% yield.
I specifically selected all 10 stocks so that not only were they giving good dividends but the payout ratio was less than one (so they pay in dividends less than they earn) and that the prospects for growth were strong.
