Comments on Dividend Growth Investor: Bank Shareholders: Forget About Dividend Increases...

Berkshire Hathaway is a financial???

2010-03-17T05:22:04.213-07:00

Berkshire Hathaway is a financial???

I think the best financials aren't the dividen...

2010-03-16T01:47:13.760-07:00

I think the best financials aren't the dividend payers, such as GS and Berkshire Hathaway.

Thanks for the interesting link about the banks be...

2010-03-15T18:38:48.598-07:00

Thanks for the interesting link about the banks being restricted on buybacks and dividends. It seems to me that cash-rich banks would be thrilled that someone is telling them to not distribute their earnings. They're getting a free-pass to retain that cash and (presumably) reinvest it in new business (at the expense of their less-healthy competitors). In more "normal" times, they might be under more pressure to pay out to investors, but now, they can just say "Sorry guys, we'd like to, but THEY don't want us to. (And if you don't like it, complain to those federal regulators who always meddle in our business.)"

IMO, the restriction is giving them the PR cover to do exactly what they'd want to do anyway.

Never say never, but it will be a LONG time before...

2010-03-15T12:53:27.385-07:00

Never say never, but it will be a LONG time before I consider putting any money in the banking sector. Between the bailouts, bonuses, and the crazy bets they made....I'll pass on diversifing into this sector.