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Strategies & Market Trends : Dividend Investing -- Ignore unavailable to you. Want to Upgrade?

To: doug5y who wrote (372)	2/5/2008 12:51:39 PM
From: DividendGrowth	Read Replies (2) \| Respond to of 387

Doug5y, I don't see a good history of increasing dividends for PBT. That's what I am seeing. If you look at pre-2003 (when oil prices were below their 1980 highs) the dividend was never above $1.00 ( except in 1988). Date Dividends 1988 Total 1.03 1989 Total 0.462 1990 Total 0.533 1991 Total 0.505 1992 Total 0.466 1993 Total 0.418 1994 Total 0.322 1995 Total 0.419 1996 Total 0.403 1997 Total 0.473 1998 Total 0.384 1999 Total 0.456 2000 Total 0.765 2001 Total 0.847 2002 Total 0.503 2003 Total 0.689 2004 Total 0.957 2005 Total 1.336 2006 Total 1.409 2007 Total 1.451 The dividend Yield does sound attractive though. So I went ahead and calculated the total return on the stock. Its pretty impressive at 19%. Year Annual Return Compounded 1987 Total 100 1988 Total 31.51% 131.5068493 1989 Total 6.25% 139.7260274 1990 Total -25.49% 104.109589 1991 Total 9.21% 113.6986301 1992 Total 8.43% 123.2876712 1993 Total 30.00% 160.2739726 1994 Total -6.84% 149.3150685 1995 Total -12.84% 130.1369863 1996 Total 54.74% 201.369863 1997 Total 6.12% 213.6986301 1998 Total -0.64% 212.3287671 1999 Total 59.35% 338.3561644 2000 Total 23.48% 417.8082192 2001 Total 0.98% 421.9178082 2002 Total 29.55% 546.5753425 2003 Total 44.11% 787.6712329 2004 Total 84.52% 1453.424658 2005 Total 21.68% 1768.493151 2006 Total 12.86% 1995.890411 2007 Total 9.68% 2189.041096 Average Annual Return- 19.33%