11-21-2014, 01:17 AM
(This post was last modified: 11-21-2014, 08:27 AM by Dividend Watcher.)
In my opinion, you won't see dividends for quite a while yet.
GILD is plowing a lot of their cash flow back into R&D, Debt/Equity is up around 60%, they have a plethora of products in the pipeline, there is no corporate culture of distributing dividends and they are on the lookout for further purchases all augur against a dividend in the near future. It took AMGN around 30 years before they started paying a dividend & Biogen still doesn't pay any.
GILD is in my speculative category and am not expecting dividends for a long while.
GILD is plowing a lot of their cash flow back into R&D, Debt/Equity is up around 60%, they have a plethora of products in the pipeline, there is no corporate culture of distributing dividends and they are on the lookout for further purchases all augur against a dividend in the near future. It took AMGN around 30 years before they started paying a dividend & Biogen still doesn't pay any.
GILD is in my speculative category and am not expecting dividends for a long while.
=====
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan