Here's another 2-for-1 split coming that has call options written all over it.
Marathon Oil OKs 2-for-1 stock split; raises dividend 20%
By Katherine Hunt
Last Update: 4:22 PM ET Apr 25, 2007
SAN FRANCISCO (MarketWatch) -- Marathon Oil Corp. (MRO : MRO) late Wednesday declared a 2-for-1 stock split, to be distributed in the form of a stock dividend on June 18 to shareholders of record as of May 23. Additionally, the Houston-based company increased its quarterly dividend 20% to 48 cents from 40 cents a share, on a pre-split basis. The dividend is payable on June 11 to shareholders of record as of May 16. On a post-split basis, the new dividend would be 24 cents a share, the company said.
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G' day Mates,
Aussie
Australia is a beautiful place with wonderful people that just love Americans. You've got to go there some day. Give it a go Mate.