http://www.marketwatch.com/story/honeywell-increases-dividend-12-2016-10-28
The company can't afford to pay it's employees every week but just boosted cash payments to stock holders.
6 replies (most recent on top)
Merry RIFmas!
Shareholders just want to get paaaaaaid!!!
Rob poor men n women to pay all stock holders. Unfortunately we are also shareholders
Bet they will pay a lower percentage of taxes on those dividends too than if the money was earned by actual working. The Corporate States of America.
Its just so inspiring to hear that the money saved from all these RIFs and Furloughs went to good use as a few bucks in someone's portfolio. Merry RIFmas Honeywell, and thank you Wall St., you've earned it!
And the shareholders should realize that they are cutting the muscle that generates cashflows right now