I currently work for a company that paid out a dividend far longer than it should have, but the fear was if they discontinued the dividend, the stock prices would drop like a stone.
There came a point where my company could no longer sustain paying the dividend. The moment they announced that, the stock went straight in the toilet.
That's probably why IH kept paying out the dividend.
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Today's Featured Article - Restoring a John Deere 2010 Diesel Tractor - by Jim Nielsen. Following seven years working in California's Silicon Valley, my wife, baby son and I moved back to Australia to retire. We bought a small 'farm' of about 50 acres near Bendigo, in the state of Victoria. I soon found that it would be very useful to have a tractor around the place for things such as grading our long drive and brush-hogging the fields. I was also embarking on planting 1000 eucalyptus trees, and hence I would need a ripper, small disk plow, sprayer etc. to get these things accompli
... [Read Article]
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