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re: I just bought a bunch of DOW stock. If you see me shaking a cup at Christmas, be kind.
Posted on 9/23/22 at 3:04 pm to bayoubengals88
Posted on 9/23/22 at 3:04 pm to bayoubengals88
Break that down for me like I have no idea what I'm doing.
Because I do not.
Because I do not.
1
Posted on 9/23/22 at 3:12 pm to DiamondDog
Dow pays 6.39% annual dividend so $6.39 per every $100 you own.
PE is price/annual earnings per share. So current price is $43.55/$8.93 (estimated earnings per share) = PE of 4.87 which is quite low. The market PE is roughly 18.
Dow is a low growth company so it's not that unusual to be well below the market multiple but 5 is really low.
PE is price/annual earnings per share. So current price is $43.55/$8.93 (estimated earnings per share) = PE of 4.87 which is quite low. The market PE is roughly 18.
Dow is a low growth company so it's not that unusual to be well below the market multiple but 5 is really low.
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