Last year the 4th qtr div went ex on 12/22 and paid on 1/25. This year's 4th qtr div has not yet been declared. Hoefully when it is declared it will be an increase over the .17cents they have paid for the last 4 quarters The 3rd qtr div. was declared on Sept 9th so 4th qtr declaration is due.
D&B has informed retirees that effective 3/1/10 it is eliminating company-paid life insurance benefits($10,000 policy). D&B is also discontinuing medical subsidy sharing resulting in an additional increase in the medical monthly bill(over and above the one announced previously effective 1/1/10). Those running D&B today resemble a band of maliciously mischievous adolescents. What do they have in store for employees and retirees next?
The new format is a disaster. It is obviouly an ill-advised attempt to reduce overhead. NTN has gotten a firestorm of protest from long-time players. Mgmt claimed during q&a during 2nd quarter earnings(loss) call that the issue is being addressed. Actually the responce from new interim CEO was rather meandering and vague.Yesterday afternoon(8-11) the same 15 min crap was running-repeat games from earlier in the day, no less. I'm afraid that recent job cuts and other cost reductions are taking their toll. The end may be near.
dnb is not a company you want to work for. they have been ruthless in layoffs year in and out . Retirees are treated with distain. They recently froze the already reduced retirement program. Beware.
In that xom's payout ratio will be down to about 25% this year, an 8 cent special would certainbly be better than nothing. Management seems to have a vey cavalier attitude toward shareowners.
I am a retiree and XOM is by far my largest indvidual holding. I rely on dividends for a portion of my income. The lowest yielding stock I own other than XOM is VZ at near 5%. While capital gains (which I will perhaps never realize) are nice, I would also like to see the company share some portion of its outsized gains in earnings with its owners. In each of the past three years, the Co. has increased the Div. by a smaller incremental % even as earnings have soared. Buybacks are fine but dividends are important too. Im sure Raymond and his associates received bonus' commensurate with earnings gains.
Insiders have indicated that the retirement of Raymond will finally result in a more realistic dividend policy in the near future. The miserly increases in the past three years, even as earnings soared, are not shareholder friendly.