Grandpa is referring to buy and hold for decades thru splits, cap appreciation and yearly dividend increases. Then your $2.76 yearly COP dividend approaches the cost basis of the original shares purchased.
All common shareholders get the same dividend - there are no other levels of common share holders. Maybe you read about preferred stock?
so i'm assuming the buffoon who gave me the thumbs down doesn't know either? great
at the very least could someone direct me to a site that explains it?
are the dividends COP pays out flat for all shareholders or do they increase depending on how long you've been holding?
just read an MF article that confused me quite a bit:
replace dot with .
or just search "Ten years ago my grandfather showed me something that completely changed how I think about investing." in google
I haven't heard from you in a while. Hope you've been taking a nice vacation or something!
If you get a chance, please take a look at a recent post you might want to do a response to over on another board. Email me if you have any questions about what I'm referencing.
I sold my april 70 calls today at 1.36 that I bought for 25 cents a few days ago...looking for a pullback now...I let the mkt come to me...glta
Most companies that pay dividends increase one time per year and the mid-July date when the stock goes X-dividend is the quarter to expect the raise. They held the dividend constant the first year after the split even though a huge part of the company was spun off into PSX. Since PSX started to pay a dividend immediately, that was the increase if you held both companies.
Looking at the past it appears that COP wants to pay out about 50% from earnings (not cash flow). They made $5.70 on a continuing basis in 2013 (excluding earnings form property sales) and expect to make $6.16 (average analyst estimate) this year. My guess is that they go to $2.92/share or a 16 cent increase per year (4 cents/quarter). This would put the payout at 47%. When raising dividends the payout ratio is usually the key determinant that boards like to use. Large mature companies with relatively predictable earnings like to use payout ratio as a guide.
Discussing absolutely baseless buyout possibilities is a waste of time and energy. I see this on every board and find it quite useless. You have a better chance of picking out buyout stocks through blindfolded dart throws.
That is incorrect.
COP share holders have received $0.69/S for the last 3 quarters, the last payment being at the beginning of this month. My guess is that there will be one more divi payment at the same rate in June and then a modest increase of about 5% starting with the September payment.
Ditto here. Trouble was, everybody was throwing it away right after the split. I finally threw up my hands and figured teveryone else knew a lot more than me.
I don`t care how much money a company makes NO SINGLE PERSON is worth Paying Twenty Three Million a Year.