07-18-2013, 08:30 AM
Hey Horace --
I just started a proper PM thread over here, but then I saw this post of yours and wanted to reply. I agree that PM is a hold forever stock, and I hope today's earnings "miss" presents a good buying opportunity.
As to the dividend raise, given the earnings announcement and recent run-up in debt, I'd be surprised for a giant raise. I'm guessing they'll raise to 92 cents.
I just started a proper PM thread over here, but then I saw this post of yours and wanted to reply. I agree that PM is a hold forever stock, and I hope today's earnings "miss" presents a good buying opportunity.
As to the dividend raise, given the earnings announcement and recent run-up in debt, I'd be surprised for a giant raise. I'm guessing they'll raise to 92 cents.