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viking86

01/27/13 8:02 AM

#27800 RE: Traderfan #27799

These people sign up on an automatic investment plan administered by Fidelity Pensions Plan. They Donot care so much about ST fluctuations. The lower the PPS the more shares they buy due to cost averaging. They Donot care either about cash or F-share divi as long as the divi is paid. The 10c would be 8% of 2013 projected net inc of about $ 120m on 100m qualified shares which makes sense IMO.

slyestjester

01/27/13 6:39 PM

#27839 RE: Traderfan #27799

And btw, there won't be a 10 cent divi next year or are you talking about another F share divi which will then get paid in 2018


I'm assuming the .05 will be paid half in cash, but it seems the .10 might be paid all in cash.