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To: SunkenCiv

I thought that new dividend per share will be one seventh of $13.16 (or $1.88 per new share).


28 posted on 04/23/2014 3:43:14 PM PDT by COUNTrecount (There's no there there.)
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To: COUNTrecount
I thought that new dividend per share will be one seventh of $13.16 (or $1.88 per new share).

The profit per share was $11.62 this past quarter, but the dividend per share that the Board of Directors decides to declare will be somewhat less than that. Some will be retained by the company for future use, adding to the pot of money for acquisitions, R&D, etc, some will be used for debt retirement, and more will be used for stock buy backs, another form of equity return.

33 posted on 04/23/2014 4:47:43 PM PDT by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
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