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These fees, which Marriott takes as a percentage of hotel revenues, provide steadier earnings sources than hotel owners enjoy.
Bolar has shown steady earnings and revenue growth over the last decade.
Lockheed's investors tend to own the stock because of the steady earnings, Mr. Campbell said.
Many of these funds' managers look for companies that can generate steady earnings growth.
When the global economy sputtered last year, drug stocks were favorites because of their steady earnings streams.
But big investors cheered Tyco's seemingly steady earnings growth, and the company's stock soared.
Big option payoffs came only with rapid growth, not with steady earnings.
Investors have done better with Procter & Gamble, which has had steady earnings over the last five years.
LeBoeuf, by comparison, had steady earnings, reporting $174 million in net income in 2006 and $275 million in 2007.
Companies with steady earnings per share and dividend growth that do not pay out too much of their earnings but instead put money into research and development.
And without steady earnings from foreign subsidiaries, it may take companies considerably longer to overcome the slump.
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CEO of Professional Science Editing for Scientists @ prosciediting.com