02-06-2015, 08:57 AM
(02-06-2015, 07:39 AM)benjamen Wrote: I like and own PG, but I purchased the stock back when it had a much lower P/E and higher dividend yield. At the moment, why not pick up JNJ with it's 18 P/E?
I did.
=====
“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