08-27-2019, 11:36 AM
I personally haven't followed either company in a while. I simply see smoking as an outdated business, I remember letting go of PM years ago. It was above $80 back then.
Today was definitely a great opportunity to get out of MO at the open, I know divmenow took it, (and then bought himself back in!
) hope someone else did too.
Regarding the dividend, I think it would quite a silly thing for them to merge only to cut down on the dividend payment. I mean, they could just lower their respective dividends if they need to do it. Investors know how to do simple math. :p I think it's more about them trying to figure out ways to keep the business growing somehow, which I understand to have been the reason for their separation years ago.
Today was definitely a great opportunity to get out of MO at the open, I know divmenow took it, (and then bought himself back in!
) hope someone else did too.Regarding the dividend, I think it would quite a silly thing for them to merge only to cut down on the dividend payment. I mean, they could just lower their respective dividends if they need to do it. Investors know how to do simple math. :p I think it's more about them trying to figure out ways to keep the business growing somehow, which I understand to have been the reason for their separation years ago.