Oil titan John D. Rockefeller once quipped, “Do you know the only thing that gives me pleasure? It’s to see my dividends coming in.” Decades later, we continue to find significant appeal in dividend stocks as low interest rates for developed markets around the globe plague income-oriented investors, while sustained inflation threatens to erode our purchasing power. And while paying a dividend is not a criterion for every stock we own at the The Prudent Speculator, the yields on our portfolios rival that of the Russell 3000 Value index, which sports a dividend yield north of the yield-to-maturity on the 10-year Treasury. In addition to the income we receive, a company’s dividend track record might also say a thing or two about its stewardship of capital, durability and regard for shareholders.