Post by
zforzebra on Oct 27, 2022 11:25am
Hopium
Well, PLC has paid its same dividend of $0.46 / share / year for the last 11 years. The business does not seem to be collapsing into losses, so it should be good to continue that dividend.
Depending on the price you bought, it might very well need another 11 years to break even based on dividends.
Comment by
Dino749 on Oct 27, 2022 11:35am
Analyst say buy. They said that at $40, $35, $30....
Comment by
zforzebra on Oct 27, 2022 12:09pm
Yeah, I read the analyst report before entering the stock. The analysts were very wrong about the price target. The company is not exactly a screaming sell right now either (even though the price is low). I would need to see something fundamentally wrong with the business. A pull-forward of demand from covid-related deaths is not a long-term problem.