Shareholders need to quit following company recommendations when they sign those proxies. It is time to revolt against the revolting officers who are running these once-great companies into the ground. They're getting their huge salaries and bonuses and stock options while screwing over the shareholders.
Pfizer's dividend IS in jeopardy because it must be paid with money that is in the U.S. BUT, most of Pfizer's cash is NOT IN THE U.S. for tax purposes. If Pfizer brings that money back to the U.S. in order to pay the dividend, it will be taxed at a very high rate. I think Pfizer will reduce its dividend before it pays higher taxes just to give a good dividend to little ol' shareholders like me.
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Shareholders need to quit following company recommendations when they sign those proxies. It is time to revolt against the revolting officers who are running these once-great companies into the ground. They're getting their huge salaries and bonuses and stock options while screwing over the shareholders.
Jun 05 12:15 pm
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All Comments by ladylily »Dow: An Undervalued 5-Star Market [View article]
Pfizer's dividend IS in jeopardy because it must be paid with money that is in the U.S. BUT, most of Pfizer's cash is NOT IN THE U.S. for tax purposes. If Pfizer brings that money back to the U.S. in order to pay the dividend, it will be taxed at a very high rate. I think Pfizer will reduce its dividend before it pays higher taxes just to give a good dividend to little ol' shareholders like me.