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The mean dividend yield over that period was 4.5%.Despite this, stockmarkets devote a lot more time to forecasting and analysing profits than they do to thinking about payouts.
I know that I am extremely bullish, but think about it: In the most simplistic of terms to get the deficit down we must either tax the tax base more (raise taxes) or expand the tax base (more jobs, more profitable companies paying more corporate taxes, improving markets mean dividend and capital gains taxes, everyone is happy again and shopping so sales taxes spike as well).
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Of course, that does not mean dividends will rise every year.
For many small investors, that meant dividends were effectively tax-exempt.
Reit status enables property companies to avoid corporation and capital gains tax and means dividends can be paid out of untaxed income, providing at least 90% is distributed to shareholders.
That meant no dividend for the last financial year.
It has been Palin's good fortune to govern the state at a time of record oil prices, which means record dividend checks: two thousand dollars for every Alaskan.
On results days Sir Stelios Haji-Ioannou could usually be relied upon to damn the directors for being mean with dividends or ordering too many aircraft.
Behind the scenes pressure is growing for ITV's two big owners, especially Granada, to plough back the savings from merger into a matching investment in programme content, even though that will mean smaller dividends for shareholders.
Look offshore: Holding your shares in an offshore investment account in a low-tax jurisdiction rather than an equivalent UK account would mean that dividends are received gross with no further UK tax liability.
That means their dividend yields are anywhere from 1.5 to 2.8 percentage points above the yield on 10-year Government of Canada bonds (3.65% at time of writing).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com