This stock is over bought but it looks like a split is real possibility. Do you want one pencil or two broken in two?
if it can reach 47 an hold we will see a split in march.
Definitely two...they'll raise the div as well...the price will go up pre split and then down post split and the dividend pay out will end up being a significantly higher percentage than currently
Two halves please. More is better in the long run.
The last time this stock split was 2-28-1994. This was a 2-1 split. The price was $41.125 per share.
One must consider the CPI/inflation in that number, however. While I don't have the numbers handy, I'm sure $41.25 in 1994 was less than $20 now. Certainly not a parallel and not a reason for a split. I have two other utilities right now; and while SO is higher than DUK, it's $10 below the price of Central Hudson Electric and Gas (CHG). I think this has to be well north of $50 before mgmt considers a split. The price keeps edging up, the dividend goes up gradually . . . this is a classic buy and hold.
Maybe. On the other hand mngmnt may opt to see what kind of value develops from the Nicor merger before acting (or not). You know, let the dust settle. I'm sure they'll have their hands full integrating the two.
Selling less power but making more money on what is sold. Thats what a 10% increase did.
Yeah,yeah,yeah. Heard that before. They'll probably just keep the creeping the dividend up which suits me fine.
They have a great record of increasing the dividends for the last 9 years in a row, use more power and our profits will go up.
They should increase the dividend.
So has had quite a run up. A split (2:1) with dividend increase would indicate that the board has confidence in the continued growth of So. So would attract additional buyer interest and the stock price would probably get an additional pop. Many potential buyers think they missed the recent rise. The split would signal with the dividend boost that continued growth is projected to continue.
a2146- yes,Increase the dividend - what good is a split ?... a dividend would be better for us.
I don't care. My other ute is LNT and at a new high.