spirallocks • Dec 11, 2014 12:24 PM
KMI will cut its divy before T does
BP has the legal woes behind them? BP div is rising this week. 6.19% now
The firm was the only one of the nation's six biggest U.S. banks not to increase its dividend on Wednesday.
Mr. Moynihan said in a statement that buying back stock was "the best way to continue to drive value for our shareholders."
10/6/08 dividend cut 50% to 32 cents
1/15/09 dividend cut to 1 cent
8/6/14 div raised .01 to .05
RK said $1 oil drop = 10million of his excess. so 70 used, even use 45 now (48 at this time) that 250M of the excess 650M. Anyway you look at it he has excess div according to him. that's what he said.
T div is safer than KMIs accrding to someone, hmmmm......
Not so, I never said that. Here is what I said, i clearly said he used $70, he then gave info more on what effect under $70 oil has on KMI's numbers.
"RK said he used $70 oil in his model. He said what effect lower oil had and said he has excess coverage as well with lower prices.
You're not stating what RK said about $70 accurately."
We could have had a 2nd Carter term too :(
Instead we will most likely have a 3rd Slick term :(
Anything is better than where we are now.
As for W, yeah those greenspan/slick bank handouts were a really bad idea. lucky for you lefties w gets the blame from the blind liberal american press. 70s busing = 2000 home loans to anyone with a heart beat.