Big time technicals help create groundswell in interest for MRIB as volume climbs north and price pursues with eager ascension. Is .50 a share the next major price point?
Ya....love the higher yield. But ONLY if today was my first day to hold the stock. I've been on a sell rant lately as I just sold QCOM as I saw 65% of 18 month gains go "bye bye" in 5 trading sessions. Or was it 6. Whatever. The Chinese are refusing to pay royalties to QCOM and soon to MFST as they prop up their noodle companies. Steal our intellectual property,pay no royalties and act like it's normal business. I'm outta there.
You are correct with the March 2015 date that it will increase. I mistakenly thought Dec 2014. Semantics!
Recent history shows that it stays the same for 5 quarters and goes up on the 6th
Kid, usually you're a bit better with your facts. UTX has been increasing its dividend every 5 quarters, not every 6....there is no payout in November. Payout mounts are Mar, Jun, Sep and Dec. The next increase will occur in the Mar 2015 payout. Also, UTX's relatively low payout ratio, ~ 35%, is a good thing,...makes the div more secure. As for a 10-11% increase in Mar `15....I'm betting on less than 10%. UTC's cash flow is being squeezed a bit.
The market goes down, UTX goes down. The market goes up, UTX goes down. This dog is rolling over. I bought at 110 which I thought was a bargain. This corporation did much better under David than under Lou Chen.
How much lower do you think the UTX ship is going to sink?
Personally, I am looking at the RSI, which as of 8/4/14 is at 7.62 - totally oversold. Historically there were only two other instances in the past 5 year where the RSI dropped into the sub-teens.
Just my thoughts ...
And more good news: If it goes down allot more, you will be getting a much higher yield! How is that for sound logic? LOL!
4444,........UTX is very predictable in certain areas. Historically, UTX raises the dividend every 6 quarters Expect UTX to increase the dividend 10-11% for the November 2014 payout. If dividends are important, F pays 3%, T pays 5.2% and MCD pays 3.2%, they, like UTX have lots of inertia and don't move too much, but are relatively safe......Kid
confirmed -- I should have drifted back a couple of weeks earlier to the high of $120 + to approach the $15 BB. The point was more the significant loss in value over a report that doesn't appear to have any cause for concern --- my only real issue as an investor would be the low payout ratio and low dividend as compared to its peer group. Get the payout to about 50% and the yield north of 3% would be my main interest as an investor --- thanks for the check
4444,......July wasn't pretty, especially the last week. I ran some July numbers for UTX and UTX opened at $115.45 and closed at $105.15, a drop of $10.3. The drop (X) # of shares outstanding totals $9.42 B, still ugly, but, not $15.B. Sorry, but, engineers prefer working with facts.......Kid