% | $
Quotes you view appear here for quick access.

Avon Products Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • swank818 swank818 Oct 25, 2012 8:03 AM Flag

    Avon pays an impressive 5.6% dividend yield

    Not for long. Dividend will be suspended or cut drastically very shortly. They need to raise money and in order to issue debt at the most favorable ratings the agencies will insist they cut divvy for quite a while. Not only will you not get the divvy, but the stock will probably drop 10-15% on the announcement.

    Sentiment: Strong Sell

3.84-0.080(-2.04%)4:03 PMEDT