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Paychex, Inc. Message Board

  • captnhairpiece captnhairpiece Dec 11, 2012 1:02 PM Flag

    Protect the rich

    Paying 2 dividends in Dec that were meant for 2013. That only benefits Galisano and the rich. Unless there is lower unemployement, hiring picks up and interest rates rise, why would anyone want to buy after the dividend? I'm a LONG time holder, and I don't agree with the special dividend. All to protect some tax savings for the very rich. I do love Galisano, but I don't understand it? Hopefully this is not a mistake. I stopped divi-reinvesting when it hit $30 and put the money in an IRA Index fund. Think it's a better idea. Unless intrest rates rise and employment inclreases, this looks like a hold to me.

    Sentiment: Hold

50.31+0.25(+0.50%)Oct 12 4:00 PMEDT