AT&T's most recent dividend increase extended its track record to 31 years of consecutive dividend raises. Moreover, AT&T is included in the exclusive group of stocks that have managed a dividend policy that has increased its dividend for 25 or more consecutive years.
Introduction. The Prohibition era lasted from 1920 through 1933, and was an attempt to legislate morality. It took a Constitutional amendment to enact it, and another one to repeal it. The attempt to decrease the evils of alcohol actually created more-and new-types of crime.
The Noble Experiment. When the Prohibition era in the United States began on January 19, 1920, a few sage observers predicted it would not go well. Certainly, previous attempts to outlaw the use of alcohol in American history had fared poorly.