Besides being the owner of Nutrasweet and Roundup (among other household names), Monsanto recently announced that they were investing millions into their Biotechnology and Agri-technology units.
Researching this company yielded some interesting results:
1) The company has been paying quarterly dividends continuously for decades, and has increased them every year;
2) The company just adopted an executive compensation plan that boils down to the executives borrowing money from the company to buy the company's stock, and if the company's stock does not outperform the market, executives owe the company money.
3) The board voted to split the stock 5 for 1, effective May 15. It's currently trading at $152 or so.
4) This is one of the most environmentally sensitive chemical companies in the world, with it's CEO invited to speak at a convention of environmental journalists.
5) The company plans to either spin off or sell Searle pharmaceuticals, and invest the money in market-leading Bio-tech units.
Clearly, this company is not a trading opportunity, but it sure looks like a company with its head on straight. Comments? Questions? |
