02-04-2015, 10:02 AM
Speculative in the sense that it didn't pay dividends. When I reach retirement age in an ever-shortening time frame, all my holdings have to pay a dividend. Buybacks don't pay any of my bills. Now that they've instituted the dividend, the picture changes. Let's see if they will increase it regularly in the years ahead.
GILD's future looks pretty bright here, much like Amgen about 15 years ago, with a pretty interesting pipeline and solid products already on the market.
GILD's future looks pretty bright here, much like Amgen about 15 years ago, with a pretty interesting pipeline and solid products already on the market.
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“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