Too bad UPS couldn't split the dividend between the Class A's and B's. $.30 may not be much to some schmoe on the street with some UPS in his pocket, but it means alot to the rest of us. Just wish the MC and the Board could have sweetened it just a bit more for the employee owners.
wrong, i don't think we would ever be something like fingerhut. you know those <FONT COLOR="ff0000"></FONT> pkgs we always have to make 3 trys at to that lady on the 3rd floor. what kind of fool are you? a board member? god, i hope not.
I delivered some dog food today from pets.com. The lady said she bought one and got two free. I'll be back there two more times. Things might be getting big. I'll wait for that dividend.
Before the IPO I read quite a bit of press about the division of voting rights between A & B shares. There's no advantage to creating a division between dividends paid too.
If I'm not mistaken th float is only 10% of the company...even if the B shares had gotten no dividend and the savings were divided between all A shares if it's only 10% that would only be a .03 increase. Not really enough money to make it worth it.
Good point about the A shares dividend increase if the B shares had not been paid. I had wondered if the 2 classes of stock would receive the same dividend before the announcement.
OPL was in capital letters in the news i
saw. You betcha she is in the loop.
That aside when will we hear the new
posted stock price for OPL ? Thought it
would be today, but being on Vac, not in l
the loop ?
The price will now be adjusted quarterly, not annually. Think of it this way, if there are equal price hikes each quarter for the next 4 quarters OPL will be in great shape.