Yes that's true but said news regarding the dividend could come at any time.
I'll go with an XD date of 4/20/15.
"FOSTER CITY, Calif.--(BUSINESS WIRE)--Feb. 3, 2015-- Gilead Sciences, Inc. (Nasdaq: GILD) announced today that the company’s Board of Directors has authorized a dividend program under which the company intends to pay quarterly dividends of $0.43 per share, beginning in the second quarter of 2015, subject to quarterly declarations by the Board of Directors. The Board of Directors also approved the repurchase of up to an additional $15.0 billion of the company’s common stock. This new program is in addition to the currently authorized three-year $5.0 billion repurchase program (authorized in May 2014). As of December 31, 2014, approximately $3 billion remained in the May 2014 program. The new program will expire 5 years after the completion of the May 2014 program. Purchases may be made in the open market or in privately negotiated transactions from time to time, as determined by Gilead’s management and in accordance with the requirements of the Securities and Exchange Commission - See more at: http://investors.gilead.com/phoenix.zhtml?c=69964&p=irol-newsArticle&ID=2013218#sthash.TcAmSYTn.dpuf"
"On Jan 28, 2015, Visa announced its first 4-for-1 common stock split, under which the company issued 3 more shares against each share held by an investor. These will be distributed on Mar 18 to shareholders of record as on Feb 13. Overall, the company has issued about 1.89 billion additional shares, thereby increasing the total shares outstanding to 2.5 billion from 614 million."
Currently I'm long the stock and short out of the $$$ call options that expire Friday.
Market cap is about $165 billion and it trades at 25 times 2015 earning's estimates. I rate it a hold which is why I'm short call options.
Thanks I had no idea.
I'll sell covered call options against them until I'm out. I'll stay with equities for my income needs.
And HC loves IBM.
"The Company said that its 2015 Capital Plan includes a proposed dividend rate of $0.375 per share for the second quarter of 2015, subject to consideration and approval by its Board of Directors at its regularly scheduled meeting in April. The proposed dividend rate represents a 7 percent increase over the current rate of $0.35 per share."
AXP raising dividend 12% and a $6.6 billion buyback.
BAC--no dividend increase but a new $4 billion buyback which is the absolute best thing for BRK.
Grandma thanks you.
Why 3? They're 5 IRAs but I only keep track of 4 because the 5th is almost all BRK and it never trades.
Only two of the IRAs are mine the rest I invest for family members.
Note--She had to cancel her order for a 3% position in T at 32.32 because of this purchase of PM. T was last trading at a low of 32.52 with a $1.88 dividend.
It could become the one that got away.
She raised her PM holdings by 18% today to 12% of the assets in her account. She paid 78/share.
Last June she sold 25% of her PM shares at 85 so she's coming home.
Grandma likes her dividend income.
I'm also short 77.5-March-put options in my farm account so I may be buying more right before it goes XD.
$$$$$$$--I sell cash secured puts in IRA #3 so there's lots of $$$$$$.
$$$-27%, BRK-17%, IBM-8%, PM-6%, COP-4% and USB-3%. The balance of my holdings are all under 3%.
Bought some for account #3 at 21.92/share. This account almost never sells it only buys and occasionally sells call options against a holding as is the case with LO-I'm currently short the March-65 call options so it could be the 3rd stock I've sold in this account since 2009.