The pay-out ratio of 15.4% on EPS of $6.97 would do it.
A 67% dividend increase would get much attention.
Thin Pre-market trading is at $126.
ML est. is $142, but $150 - $160 looks more realistic.
Can $200 PPS be far behind?
I think that they will split after the price goes over $200.
It is a much bigger company, now.
In the mean time, I would like to see them increase dividends every year, at more than 10%.
The pay-out ratio is now only 15.4%.