X announced this morning a 60% increase in the stock dividend. It will no doubt be made up someplace else.
Going up from .25 to .40What is the current dividend?
thank you guys. keep working thru your breaks and lunches.. i have several hundred shares and love those dividend checks.
yes I do. what's the problem?You have several hundred shares of FedEx stock?
Happy to say you ain't making any money off me.thank you guys. keep working thru your breaks and lunches.. i have several hundred shares and love those dividend checks.
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 #FedExPrideHappy to hear that but don't lose sight of the fact that it's a yield of only 1%. Don't have to look very hard to find a higher yield than that. Given that the focus now is dividend rather than growth stocks, I believe that X was worried that without a dividend increase the stock price was soon going to head south. So employees and contractors be prepared to deliver even more value for the same money .
No question about it Van. The higher wage veteran Express drivers will be phased out in favor of lower wage entry level people many part timers
Funny how management can't handle the truth.Of course we could always bring it up at the SFA feedback meetings, but if your station is like mine, we have not had one of those in two years!
And how many shares do you own?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
?And how many shares do you own?
It's a pretty simple question. You seem bitter that the owner of a company is making more than you. The horror!!
No, but a bit bitter about not getting the pay and pension promised. I guess you feel it's ok to lie, cheat, and steal if it lines your pockets.It's a pretty simple question. You seem bitter that the owner of a company is making more than you. The horror!!