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On Jan. 26, 2016, $MO granted 0.9MM shares of RSUs to eligible employees. Restrictions on these shares lapse in 1Q19. The market value per share was $59.03 on the date of grant. The company expects to maintain a dividend payout ratio target of approx. 80% of its adjusted diluted EPS. The current annualized dividend rate is $2.26 per common share.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?