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Vector Group Ltd. Message Board

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  • wareham2620 wareham2620 Feb 27, 2009 2:46 PM Flag

    Div cut at GE...wont be long till

    ...Now that VGR’s current price is $13.51 and its Price to Cash Earnings ratio is 12.28, we are very positive on its outlook from the cash earnings perspective. In fact, VGR is now trading a full 28% below its average historical Price to Cash Earnings ratio at these profit per share levels. When our clients ask us why VGR has great long term potential, the Cash Earnings levels to current stock is one of our primary reasons. But naturally, now we need for the overall market to recognize this disparity.

    VGR Dividends
    When determining a company's future prospects for success, Ockham Research sees analysis of dividend payments as a key additional factor. Even though it isn't imperative for VGR to shell out a dividend in order to receive a positive rating, it can be helpful to further our analysis.

    The estimated annual dividend for VGR is $1.60 producing a current dividend yield of 11.84%. Much like our evaluation of Sales and Cash Earnings per share, we review dividend yields from VGR against the historic high and low levels over all available dividend history. Because dividends are a decision made exclusively by management, we view a healthy and rising dividend as a sign of confidence and strength. The highest dividend yield from VGR over previous years was 17.05% while the lowest dividend yield was 3.43%. If you are looking for some “bang for your buck” then a dividend yield of 15.63% above the historical median should be enticing. VGR receives a positive boost in our view because as you know, equity at its core is simply a claim on future dividends...

22.19+0.43(+1.98%)Feb 12 4:02 PMEST