RE:Thoughts on 2014-2015?
Re : Any thoughts.
mc2 ... this is the way I see it.
1) First of all if you are really interested about their conference call then you can go online for the next few weeks and listen to it yourself. If you go to CSU's website they will tell you how to do it.
2) Next it was the president that issued the statement about possibly cutting the dividend. As far as cutting the dividend it will not mean much and I will explain to you why. As seen below their share price has gone from below $ 120 / share up to over $ 165 / share
in the past one year. This is over
120 % in one year only.
Now let's look at their dividend. As seen below it pays
1.67 % in a year
So think about this now as it is just a matter of doing the math. Over 120% minus 1.67% = over
118.33 % profit !!!!! ( This is profit after a possible dividend cut ) . So do you actually think that losing a little dividend of 1.67% when you are still making a profit of over118% in one year is really going to matter ?? Like I said "mc2" ... it is just a matter of doing the math.
I have posted the facts below for you to help you better understand and possibly help with your perspective.
Scale:
1d5d3m6m1y2y5y
| Open |
242.00 |
|
P/E Ratio (TTM) |
56.0x |
| Last Bid/Size |
263.08 / 3 |
|
EPS (TTM) |
4.74 |
| Last Ask/Size |
265.90 / 5 |
|
Next Earnings |
-- |
| Previous Close |
236.72 |
|
Beta |
0.49 |
| Volume |
88,383 |
|
Quarterly Dividend |
USD 1.0000 |
| Average Volume |
42,843 |
|
Dividend Yield |
1.67% |
| Day High |
272.34 |
|
Ex-Dividend Date |
14 Mar 2014 |
| Day Low |
242.00 |
|
Shares Outstanding |
21.2M |
| 52 Week High |
272.34 |
|
# of Floating Shares |
16.92235M |
| 52 Week Low |
117.25 |
|
Short Interest as % of Float |