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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO) -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (1660)5/21/1998 12:35:00 PM
From: Ian@SI  Read Replies (1) | Respond to of 6439
 
Pete,

Yes, I watched the Bible/Dobbs interview. Lou's closing question was re the probability of a dividend increase.

Mr Bible replied, "I wouldn't want to preannounce the results of this month's Board meeting". <paraphrased, not an exact transcript of the response>

In any case, I was left with the impression that a dividend increase is likely with the next quarterly dividend. All in all, I was favourably impressed with Geoff Bible's ability to handle the controversy.

How many other stocks will pay you more than 4% dividends while waiting for market conditions to improve for this stock.

Ian