No. of Recommendations: 0

Sure it is simple at that level, but let me explain:

I held P&G back when they used to ship me little samples because I held shares in my own name, not as 'street' shares through a brokerage.

3M send me a bundle of tapes and other nifty little products.

Colgate gave me toiletries. These then turned into coupons, then nothing.

Dial sent me soap, and I think cologne.

None of those dividend producing companies did that after a while.

When times get tough, the perks stop, not only for execs, but everywhere.

I just wonder what is the pressure point where management figures that keeping the share price up through economies and managing profit could make cutting dividends viable, and once that almost unspeakable act has been broached, will other companies (especially in same sector) use that as both political cover and a sign to do the same themselves.

The guy at the corner gas station used to come running out, check my oil, clean my windscreen, air up the tyres, and such. Those days are gone, never to return, I think.
Print the post  


Motley Fool Income Investor
Are you a dividend-savvy investor? Check out our Income Investor newsletter.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.