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Stock dividend increase
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<blockquote data-quote="vantexan" data-source="post: 2214068" data-attributes="member: 24302"><p>You do know that dividends come out of profits? There's no need to "find" the money to pay it. Here's the thing: if mom and pop own 10 shares they'll now get $4 instead of $2.50. Who cares, right? Last I heard Fred S owns 22 million shares. Multiply that by .40 to see what he gets EVERY quarter. Plus if a major fund buys 5 million shares just before dividends are due they'll make a quick $2,000,000 in dividends. Which allows our hard working VP's to exercise their stock options to take advantage of the higher price from the buying demand. They don't have to find money to pay the dividend, they have that in increased profits from their cost cutting measures, which included ending the traditional pension and giving minuscule raises. #FedExCares #FedExPride</p></blockquote><p></p>
[QUOTE="vantexan, post: 2214068, member: 24302"] You do know that dividends come out of profits? There's no need to "find" the money to pay it. Here's the thing: if mom and pop own 10 shares they'll now get $4 instead of $2.50. Who cares, right? Last I heard Fred S owns 22 million shares. Multiply that by .40 to see what he gets EVERY quarter. Plus if a major fund buys 5 million shares just before dividends are due they'll make a quick $2,000,000 in dividends. Which allows our hard working VP's to exercise their stock options to take advantage of the higher price from the buying demand. They don't have to find money to pay the dividend, they have that in increased profits from their cost cutting measures, which included ending the traditional pension and giving minuscule raises. #FedExCares #FedExPride [/QUOTE]
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