Diageo It's been a disappointing year for investors in Diageo (LSE: DGE) (NYSE: DEO.US), with the alcoholic beverages company seeing its share price fall by 7% over the course of the year while the FTSE 100 is flat over the same time period.
At the beginning of this month the much touted New ISA, or Nisa, came into existence. The Nisa is a revolution for savers. The new product has a limit of �15,000, a substantial increase from the �11,880 allowed in the previous Stocks & Shares ISA.
Digging deeper into the cash flow statements of Diageo (LSE: DGE) (NYSE: DEO.US) and SABMiller (LSE: SAB), it becomes apparent that both companies rely on debt, and lots of it, to support their dividend policies.