so what good is raising the dividend every yr if the stock price remains flat and im talking like 10 yrs ? seems like your glass is only half full here. PG is for losers just like their overpriced products.
the dividends are one thing, and if the price continues to fall it will average more than 3-4%. The other element is the company has committed to stock repurchase plan which should increase stock price by 2-3%. Net, the stock, even if waffling, it has tremendous cash flow, little debt and great, overpriced products which they reduce via TPR 4-6 weeks. Sales in East Europe and Asia will drive top line aggressive sales, as in this area it wont be a problem.
So if it squeezes ~2-4% growth on earnings, w/dividneds and buybacks, investors can get a return of 9-12% upside, low 4-6% per/yr.
Take a Pep-to and relax....They need to get rid of some brands, cut some OH and VP's, and lower compensation packages, and look at purchasing of a non store brandable products, and continue to figure out how to deal with this store brand issue... ex. hire some lobbyist w.other consumer product companies and get into Washington for protection against pirating of their products...that is long range key for success!
---short, fat, bald, stupid, & all dried up...do I have your description correct? I bet you also eat & belch like a pig too. "
And looks and smells like a pig too!
"I expect to own it and to have reinvested all dividends until I leave this earth in about 20 years."
Let's hope for 40!!
One thing I miss about the East coast is Gloucester Ma. Is that huge rock at Stage Fort Park still there?
I can only tell you that my cost for this stock is a few points under 10 bucks and I have reinvested all dividends since the late 1980's so I am very happy. I expect to own it and to have reinvested all dividends until I leave this earth in about 20 years.
To each his own and good luck to all. Money has not much to do with happiness and we are all blessed to be alive.