I purchased some May calls earlier in the week thinking that PZN should go up when they pay a dividend in March. If the dividend is $.48, does anyone think the stock will head down? As I see see it the yield would be over 10% considering the special year end dividend.
ps. I should have waited and bought yesterday morning.
Yahoo can't seem to decide what its number should be. It's numbered #176 but when I clicked it on, it brought it up as number #175. So I test it, pre-posting, using #175 and it delivers what I'm seeking. So I post it using #175 and after posting it that way, I test it again, only to find out that it's not giving what I want, but trying #176 now, does. Ah, technology.
1)Yahoo home page 2)scroll down to Portfolios 3)insert pzn in the box 4) when data appears look to right at small box which gives you several options-choose "chart" 5) when chart comes up, look down at the second column on the right and you will see P/E
Incidentially, I think their P/E is way too high, based on a price of $21 per share, this would indicate earnings of about $1, and I think most people are projecting a higher number than that. How do think they came up with this P/E - by discounting the extra dividend anticipated in FY99 ?
Following your info I did the same thing for CCA and it turned out EPS of $.87 the same as what it said for PZN. Since CCA was the larger entity they must have used their EPS to calculate the P/E. They should have at least divided it by .875.