Dividend Investors Rejoice! Or Not.
So when Amgen (Nasdaq: AMGN) announced its plan to offer its first dividend, you'd think investors would be popping the bubbly. Instead they sent shares down 4.4%.
Of course, investors were expecting the announcement at the company's analyst day. Imagine how much it would have fallen had Amgen not announced a plan to share its cash with investors.... Read more