Penny Idiots (not you) always throw Enron at me (or perhaps WFC this week LOL!).
That's why I also warn against inscrutable business plans or always hitting street earnings projections (perfection is a red flag). Enron did pay a dividend, a token one. Scams rarely want to share their cash with the marks.
The fact that Poster Boys Enron and Arthur Andersen blew up >14 years ago shows how clean the 2,500 stocks on the NYSE have been since.
Note too that such clean stocks have performed very well, raising dividends and appreciating nicely.
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