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Johnson & Johnson Message Board

  • paintedblk paintedblk Feb 6, 2013 11:59 AM Flag

    Split ??

    I know that stock splits don't really accomplish much, and largely, have fallen out of favor. But, I like them. JNJ's last split was 12 years ago, this June. Mid-June would also coincide with the yearly dividend payment increase. Should the stock retain it's current $75 / share price, I think this spring's dividend increase, to be announced in May, could include a 2/1 or even 3/1 stock split. A 3/1 split, in particular, would be fairly bold, and, I believe, could trigger some extra buying, and a share price increase. A $25-$30 share price could encourage more retail investors, to initiate a long term position here.

    Just my thoughts, and I really hope they do a split !! Good luck to JNJ longs !!

    Sentiment: Buy

115.70+1.14(+1.00%)Oct 27 4:00 PMEDT