Financial Institution Training
Description
Vocal Characteristics
Language
EnglishVoice Age
Middle Aged (35-54)Accents
North American (General)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
it is imperative to remember that despite a temporary slowdown of earnings during a recessionary period, a solid blue chip company will continue to pay its dividend. It might not increase it every year, but it will do all it can not to cut it. In fact, because the last recession was brought on by a financial crisis, banks were hit particularly hard. Other sectors of the economy, such as telecoms, consumer staples, health care companies, pipelines and railways, continue to raise their dividends during this rough patch from 2005 to 2020 this Canadian bank example increased its dividend from 23 cents a share to $1.8 a share, but paused during the difficult times of the financial crisis.