Dividend Stock Research Western Union (wu) by http://long-term-investments.blogspot.com
by Dividend Yield on Nov 04, 2012
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Weekly Dividend Stock Ideas Researched by The Dividend Yield Weekly. Our weekly Dividend Idea is the global payment services stock Western Union (NYSE:WU). ...
Weekly Dividend Stock Ideas Researched by The Dividend Yield Weekly. Our weekly Dividend Idea is the global payment services stock Western Union (NYSE:WU).
The money transfer company was sold-off by many investors after the disappointing the third-quarter results of the company. The company announced a 1% increase in sales and raised dividends by 25 percent and increased share buybacks to $750 million, but lowered the guidance in accordance to lower second-half revenues and a higher competition. The stock dropped around thirty percent and the current dividend yield after the dividend hike is over 4% at a P/E ratio of less than 7. Morningstar analysts estimated the fair value of the company at $25.0 which represents a potential to double. Source: http://long-term-investments.blogspot.com
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