Dividend dumps

Showbiz shares don't pay off

If investors are seeking growing dividends, are they better off with shares of a media company or a bank?

Even after the financial meltdown, the answer is a bank.

Indexing services provider Mergent identified 191 U.S. corporations that have increased their dividends for 10 or more consecutive years. While 6.3% of these “dividend achievers” are banks, not a single one is a major film or TV company.

Three publishers do make the list: McGraw-Hill (38 years of increases), which produces textbooks, owns four TV stations (now for sale) and provides financial data through Standard & Poor’s; John Wiley & Co. (17 years), which publishes professional books; and Meredith Corp. (18 years), owner of 12 TV stations and 21 magazines, including Ladies’ Home Journal.

In fairness, many media companies like to hold cash for acquisitions. But investors interested in long-term dividend growth should consider a soap company like Procter & Gamble, with 55 years of increases.

More Film

  • Frances McDormand SAG Awards

    SAG Awards: Actors Fall Hard for 'Three Billboards' but the Oscar Race Is Far From Over

    If investors are seeking growing dividends, are they better off with shares of a media company or a bank? Even after the financial meltdown, the answer is a bank. Indexing services provider Mergent identified 191 U.S. corporations that have increased their dividends for 10 or more consecutive years. While 6.3% of these “dividend achievers” are […]

  • SAG Awards Snubs and Suprises

    SAG Awards: Biggest Snubs and Surprises

    If investors are seeking growing dividends, are they better off with shares of a media company or a bank? Even after the financial meltdown, the answer is a bank. Indexing services provider Mergent identified 191 U.S. corporations that have increased their dividends for 10 or more consecutive years. While 6.3% of these “dividend achievers” are […]

  • Blaze Sundance

    Sundance Film Review: 'BLAZE'

    If investors are seeking growing dividends, are they better off with shares of a media company or a bank? Even after the financial meltdown, the answer is a bank. Indexing services provider Mergent identified 191 U.S. corporations that have increased their dividends for 10 or more consecutive years. While 6.3% of these “dividend achievers” are […]

  • No Merchandising. Editorial Use Only. No

    SAG Awards 2018: Rose Marie, Don Rickles, Adam West Honored During In Memoriam

    If investors are seeking growing dividends, are they better off with shares of a media company or a bank? Even after the financial meltdown, the answer is a bank. Indexing services provider Mergent identified 191 U.S. corporations that have increased their dividends for 10 or more consecutive years. While 6.3% of these “dividend achievers” are […]

  • Morgan Freeman

    Morgan Freeman Calls Out SAG for Gender-Specific Statue

    If investors are seeking growing dividends, are they better off with shares of a media company or a bank? Even after the financial meltdown, the answer is a bank. Indexing services provider Mergent identified 191 U.S. corporations that have increased their dividends for 10 or more consecutive years. While 6.3% of these “dividend achievers” are […]

  • SAG Awards 2018 Winners

    SAG Awards: 'Three Billboards,' 'This Is Us' Take Top Prizes

    If investors are seeking growing dividends, are they better off with shares of a media company or a bank? Even after the financial meltdown, the answer is a bank. Indexing services provider Mergent identified 191 U.S. corporations that have increased their dividends for 10 or more consecutive years. While 6.3% of these “dividend achievers” are […]

  • China Box Office: Aamir Khan's 'Superstar'

    China Box Office: Aamir Khan's 'Superstar' Wins Crowded Weekend

    If investors are seeking growing dividends, are they better off with shares of a media company or a bank? Even after the financial meltdown, the answer is a bank. Indexing services provider Mergent identified 191 U.S. corporations that have increased their dividends for 10 or more consecutive years. While 6.3% of these “dividend achievers” are […]

More From Our Brands

Access exclusive content