04-19-2015, 10:53 AM
(This post was last modified: 04-19-2015, 11:49 AM by Dividend Watcher.)
I agree, the dividend increase was pathetic. However, look on the bright side. It was marginally greater than inflation, products P&G makes are still great (although some may be overpriced, IMO) and they are still shuffling execs around to find the right people for the right positions. Currency has certainly played its role in this but still it's a management problem.
Every company has rough spots and large companies, like P&G, take what seems like forever to to turn around. It if continues for a few more years, I'll move on but until then I'll vote 'No' on 'say on pay' and against all the board and be patient.
ETA: I seem to recall PEP's dividend growth rate kept slowing down and then we got two double-digit increases in a row. Likewise, MMM.
I'm waiting for the price to drop into the 70's to add more to my wife's portfolio but I still think they'll be fine in a few years.
Every company has rough spots and large companies, like P&G, take what seems like forever to to turn around. It if continues for a few more years, I'll move on but until then I'll vote 'No' on 'say on pay' and against all the board and be patient.
ETA: I seem to recall PEP's dividend growth rate kept slowing down and then we got two double-digit increases in a row. Likewise, MMM.
I'm waiting for the price to drop into the 70's to add more to my wife's portfolio but I still think they'll be fine in a few years.
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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