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Who Are We To Say Who Is Overpaid?
Investor's Business Daily ^
| 29 December 2006
| Thomas Sowell
Posted on 12/29/2006 12:13:05 PM PST by shrinkermd
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To: DManA; Phantom Lord
How many cents/share is that $400,000,000? 5.83 billion shares outstanding. Call it 7 cents per share.
What fraction of the dividend Exxon/Mobil payed out that year is $400,000?
They paid out $1.28 per share over the last year. $400,000,000 is about 5.5% of last years dividend.
61
posted on
12/29/2006 4:28:09 PM PST
by
Toddsterpatriot
(If you agree with EPI, you're not a conservative!)
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