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Delta sharing in the success
Delta is paying out $372 million in profit sharing to its 80,000 employees (www.sltrib.com) 更多...Sort type: [Top] [Newest]
When is Delta going to begin sharing its profits by paying its shareholders dividends?
Dividends reduce retained earnings on the company's balance sheet, which results in a lower book value and generally lower stock price. So either way, if you are a shareholder, you are getting a cut of profits either in higher stock values or cash dividends.
that's pretty minimal when you look at how much they took when they eliminated all employee pensions..I know mutiple employess that lost in the millions each...and lost in the emotional tug a war that goes on at the dinner tables with wives and husbands and kid's eduactions and etc et etc. Delta...hypacritical managment self indulgence.
Wow - that's great - everyone gets 4,650 dollar bonus. Doesn't sound that impressive when you say it like that huh? Lol
everyone gets 6.67 or so percent of annual earnings... not too bad in an industry that seems to have more losing years than not.
That would be $4650 they didn't have previously. Is there an issue with that?
Employees that are connected to reality will throw that lump sum at retirement. This plan works for Delta because instead of being required to contribute to retirement, profit sharing is at the whim of management just like dividends for stockholders.
I don't buy the argument that shareholders should be happy with the appreciation of the stock price in place of dividends. That is hogwash, the market that sets the share price has more manipulation than a well performed puppet show.