The Telegraph lists 20 ITs that have increased dividends annually for at least the last 20 years.
One factor helping these companies, says the article, is that they are permitted to keep up to 15% as cash in reserve. How much would you, now, be keeping in reserve?
2 comments:
Well bank regulators should be lowering the statutory reserve into a recession (after raising them into the credit boom).
We are doing the opposite so no wonder the economy is fooked.
I still think they should take the toys away from the bad banks and give the business to the many smaller ones that didn't do silly things. Why are we subsidising failure and continuing to reward (massively) the incompetent?
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