We realize the importance of monthly dividends to our shareholders. The search for dividend income today is a daunting task for many investors who have seen their income decline along with falling interest rates in recent years. Many of these people are retired and depend on that income to support their day-to-day life style. To them, dividends are not a luxury, but a necessity.

We believe the demand for solid dividend income will continue to increase as many in the "Baby Boomer" generation reach their retirement years. As Baby Boomers age and become more conservative in their investing habits, many of them are trying to find investments that fill their need for preserving capital right now and provide income when they eventually retire (or whatever it is that Baby Boomers will wind up doing when they reach the magical age of 65). We've long thought 70% to 80% of this generation's total income will likely be investment income during their retirement years. With the future of social security income a point of serious political discussion today, this scenario seems more likely than ever before. There is little question that millions of people will need to find a solution to the income gap when they no longer choose to work.

The Monthly Dividend Company® is sometimes seen as a part of the solution to this income gap. Even though we may be only a small part of the solution for some people, we take this responsibility seriously. Since paying dependable monthly income is our mission, it is something that we think about constantly as we continue to build the Company. It wouldn't be farfetched to say that our dedication to being a consistent source of monthly income is the soul of the Company, the higher purpose that motivates all of our employees.