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People's United Financial Inc. Message Board

  • serpentine290 serpentine290 Jan 20, 2013 9:13 AM Flag

    The dividend is your own money.


    Take a look at share price over any time period. 1 year, 3 year, 5 year, it doesn't matter, the dividend does not even cover the falling share price. Also, the dividend is approximately 85% of earnings and that is not even sustainable. No company can maintain a dividend greater than 50% of earnings so it is easy to see a dividend cut coming here. The 5% that some people here are talking about is an illusion. Look at your shares, with reinvested dividends, over any time period less than 10 years, and pbct is a loser. The conference call was full of contradictions, Are we growing or buying back? Turns out there is a growth story for investors but we are buying back to vest options for the people in the board room. This company is dead.

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    • That could be said of every stock that pays a dividend. Yes, it's your money, but the company is giving some of it back to you in the form of a dividend. What other startling discoveries have you made?

    • Talk for yourself! BTW the dividend is not my own money or for the ones that bought this stock when it was way down. I bought this stock for the first time at $10.80 so what’s your point? Apparently you’re short, you sold at a loss, selling it to me ;-) and now you’re waiting to buy back telling everyone to sell hoping it goes below to what you originally sold. After looking at the financial and the going forward future P/E I’ll be buying much more even at this price level, because the past 1 year, 3 years, 5 years were pretty bad for any bank, it doesn't mean anything now. I believe PBCT will do good in the near future.

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