Past history for KMB stock splits ( 2-1 April 3, 1997 @ $95.73) (2-1 Jan.3, 1992 @ $83.89) (2-1 May 26, 1987 @ $74.50) KMB closed Friday March 22, 2013 at $95.66, I feel KMB is due another stock split or maybe even a merge. KMB only has 387.62 million shares outstanding with 3, 2-1 stock splits the last 16 years. This could even be a company Warren Buffett or another hedge fund could be looking at.
rg... Although you are correct about purchasing power, when a stock starts trading in the 100 dollar range many investors will avoid investing in that stock as they may hsve to put all their eggs in one basket. They would prefer buying 2 stocks that trade at about 50 dollars each. A split at the current price would boost the ability of the average investor to purchase PEP.
I don't know. What sounds the most impressive. I own 1,000 shares at $50 each or 500 at $100 each. The most important thing to me is that I can impress people at the next neighborhood cocktail party. I want Buffett to stay away, I like the dividend.