Anyone who has enough stock to care about the amount of money the dividend netted him already bought FAR lower than this morning's prices.
Exactly, with 260 shares (more than 1/2 at a margin loss) I got $711 good for 1.31 reinvested shares. While every little bit helps that dividend isn't making many people rich.
Exactly, with 260 shares (more than 1/2 at a margin loss) I got $711 good for 1.31 reinvested shares. While every little bit helps that dividend isn't making many people rich.
Lets say $2 bn of the overall dividend distribution was reinvested into shares, shares that have since gained over 5%. That's a $100 million bonus, as of today, due to great timing. By the time the stock gets to $700 again, that bonus will also have grown to $600 million. I know its small compared to market cap, but it's still a lot.
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Exactly, with 260 shares (more than 1/2 at a margin loss) I got $711 good for 1.31 reinvested shares. While every little bit helps that dividend isn't making many people rich.
Quote:
Originally Posted by GregInPrague
Exactly, with 260 shares (more than 1/2 at a margin loss) I got $711 good for 1.31 reinvested shares. While every little bit helps that dividend isn't making many people rich.
Lets say $2 bn of the overall dividend distribution was reinvested into shares, shares that have since gained over 5%. That's a $100 million bonus, as of today, due to great timing. By the time the stock gets to $700 again, that bonus will also have grown to $600 million. I know its small compared to market cap, but it's still a lot.