The dividend will probably be reduced from 1.05 to about a quarter. It was just raised from 0.87 to 1.05. I suspect more info about the dividend will be made public. IMO, VFC is a nice cash cow.
As far as I can see, not much has changed since Gerardo Castagnet was in charge, could not agree with you more Rogelio, poorly run operation and such beautiful buildings.
We could write pages long of wrongdoing these guys did and as it seems still do...
A split is neutral with regard to value.
If you hold 100 shares of stock at $40, for example; your holdings are worth $4000.
If the stock then splits 4 for 1, you will have 400 shares of stock at $10. Your holdings are still worth $4000.
Any change in value that occurs is due to market action. The split itself is entirely neutral with respect to the value of the stock.
based on a split, the shareholder value will not change. In theory, a split creates more volume since it will makes the stock more affordable to the average investor. Volume can create a more active market for the stock which can cause future additional value to shareholders since it opens up to additional shareholders that could not afford the stock at previous values.
Maybe, but it's hard to say anymore. The dividend will probably be reduced from 1.05 to a quarter. It was just raised from 0.87 to 1.05. I suspect more info about the divi will be made public. My ownership thus far has been good as a growth/dividend investment.
So I guess we should expect PPS to open about $61 on 12/23. At least for the weekend my portfolio looks sweet with the temporary bump (PPS not yet adjusted).