Re: Dividends: fools will be separated from their money
From: Johnny Marcos (johhny5_at_yahoo.com)
Date: 06/14/04
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Date: Mon, 14 Jun 2004 04:38:34 GMT
mikevilkin@mail.com (Michael Vilkin) wrote in
news:e658a41d.0406121309.3ab60f18@posting.google.com:
> Price/Dividend Ratio is another indicator used to separate people from
> their money.
> If you own shares of a company, which has big debt but pays
> dividends, first sell, and ask questions later. Take your money "en
> ron" away.
>
http://finance.yahoo.com/q/bs?s=XOM&annual
I own shares in XOM - Exxon Mobil - they pay a dividend but have 84 Billion
in debt - are you saying I should sell my XOM - why? I don't understand.
Their price to dividend is 40.72 - is that low or high?
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