On Sunday evening, the Academy Awards was viewed by millions of people around the world. It is designed to enhanced the movie industry and for the average movie viewer the show remains the most important event of the awards presentation. There are many other awards, but none seems to have the glitz and glamour of the Academy Awards. When this perception happens, the movies that have winners of the Awards will receive greater paying movie customers. One may wonder, is the event fair? how much arm twisting is there in the background? who actually votes? It turns out there is lots of arm twisting; the movie companies have spent as much money to encourage members of the Academy to vote for their movie as it cost to make it. For once a movie receives an award, the Academy Award translates into higher sales.
Linking to dividend paying stocks, if you have chosen companies who have made profits over a number of years, as long as they are reasonably well run you do not have to worry about whether there will be profits or not. If the company is reasonably well run, it looks after its costs, maintains its profit margins and regularly pays its dividend. With many organizations there are awards; only the public will determine the extra value of the award. In all types of industry there are awards, for most people the bulk of the awards are for people in the industry which means they are important to insiders but not necessary to general public. It takes a great deal of effort to translate to the general public and the corresponding higher sales. As an owner of the shares, you want your company to win those industry awards.
There are more questions than answers, till the next time – to raising questions