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Ups not the company you father remembers:
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<blockquote data-quote="Catatonic" data-source="post: 1104391" data-attributes="member: 7966"><p>That may have been true of a very few but most were already millionaires anyway ... these people did not cash in their stock or, if they did, just a small percentage.</p><p>They, as stock-owners, live off the dividends which are increasing consistently.</p><p>I know ex-UPSers that retired back in the 90's and early 00's that held onto their stock that have dividends over $100,000 a year.</p><p>Of course, some higher up ex-UPSers have dividends over $500,000 a year.</p><p>That's the real action in UPS stock and it would have happened regardless of going public or not.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 1104391, member: 7966"] That may have been true of a very few but most were already millionaires anyway ... these people did not cash in their stock or, if they did, just a small percentage. They, as stock-owners, live off the dividends which are increasing consistently. I know ex-UPSers that retired back in the 90's and early 00's that held onto their stock that have dividends over $100,000 a year. Of course, some higher up ex-UPSers have dividends over $500,000 a year. That's the real action in UPS stock and it would have happened regardless of going public or not. [/QUOTE]
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