Wednesday, May 2, 2007

Pepsi raised dividend


Pepsi today announced that they are raising their dividend by 25% and that they will buy back another 8 billion dollars in shares once the current buyback is finished. They will basically take one billion dollars of shares off the market this year alone. News stories are below.

This reminds me of a blog I did earlier about compound interest. I added dividends to the mix into the story. Any time a company wants to give you money for investing in their stock is wonderful. This is a principle to becoming wealthy.

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