Evaluating a company’s dividend track record is one of the key factors that many dividend investors look at when choosing where to invest their hard earned money. Companies that have a long track record of paying increasing dividends are generally favored by income investors for management’s commitment to rewarding shareholders.
However, as the Great Financial Crisis and the current recession has shown us, no company can be thought of as being completely immune to a dividend cut. Urstadt Biddle Properties (UBA) (UBP) is one such stock that had an impressive 20+