A time when other companies have suspended their dividends, UPS is paying a $.45 cent dividend, payable on March 10th, based on your holdings of February 23rd, 2009.
A little bit of good news in today's recession.
Good news? Or poor decision?
Umm Id have to lean towards the good news....people will be more confident in companies putting out dividends
The stock is what it is because we the employees by it. if we didnt buy it stock would be worth 10 bucks
Brown, here is some data to refute your claim:
http://www.nasdaq.com/asp/holdings.asp?symbol=UPS&selected=UPS
68.88% of outstanding shares are held by institutions (466,692,043)
total value held by these institutions $21,141,149,548
Seems like a lot of businesses think we are a pretty good company to invest in. Dividends are a way of saying "thank you" for investing in us.
So, at $.45/share, these institutions received a thank you to the tune of $210,011,419.35
I allways knew of a & b stock just never took the time to find out the difference between the two
only diff is votes