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Employee owned stock
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<blockquote data-quote="brown metal coffin" data-source="post: 1364963" data-attributes="member: 38727"><p>Im not sure that I agree that the stock is dead. Just 3 years ago it was $73.08 and today it closed at $104.52 which means it has gone up $31.44 a share in just that time span.</p><p> </p><p><a href="http://finance.yahoo.com/q/hp?s=UPS&a=06&b=16&c=2011&d=06&e=17&friend=2011&g=d" target="_blank">http://finance.yahoo.com/q/hp?s=UPS&a=06&b=16&c=2011&d=06&e=17&friend=2011&g=d</a></p><p></p><p>Also you are receiving a reinvestable dividend from a yield of 2.68% which purchases more stock without any additional charge to you. Also if my calculations are correct we receive a 5% discount on the purchase from automatic withdrawal in addition to the 2.68% dividend; it would seem that off the rip your making 7.68% on your money invested. </p><p></p><p>Finally there is no commission fee to buy stock when there is payroll withdraw which is another nice savings. It is just my opinion that its not dead and we are 1 of 3 major players in the shipping universe. I think it has no where to go but up.</p></blockquote><p></p>
[QUOTE="brown metal coffin, post: 1364963, member: 38727"] Im not sure that I agree that the stock is dead. Just 3 years ago it was $73.08 and today it closed at $104.52 which means it has gone up $31.44 a share in just that time span. [url]http://finance.yahoo.com/q/hp?s=UPS&a=06&b=16&c=2011&d=06&e=17&friend=2011&g=d[/url] Also you are receiving a reinvestable dividend from a yield of 2.68% which purchases more stock without any additional charge to you. Also if my calculations are correct we receive a 5% discount on the purchase from automatic withdrawal in addition to the 2.68% dividend; it would seem that off the rip your making 7.68% on your money invested. Finally there is no commission fee to buy stock when there is payroll withdraw which is another nice savings. It is just my opinion that its not dead and we are 1 of 3 major players in the shipping universe. I think it has no where to go but up. [/QUOTE]
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