Accentuating the caveat emptor perspective with critical commentary on financial disclosure. I adopt a skeptical persona and look for chinks in the teflon coating of financial disclosure. My job is to identify financial warts. Perhaps a Black Swan. Disclosure: I do not hold positions in stocks mentioned for three trading days before or after blog post.
Monday, November 02, 2009
Church & Dwight Dividend Signal
Church & Dwight (CHD) better known for its Arm & Hammer brands pulled off a masterful “dividend Signal” The dividend is the 435th consecutive dividend, which clearly is a milestone. The press release went out during the lunch time period on Friday Oct 30, 2009. The days volume was well over double the normal daily volume. And the stock ended up on the day by 2.39%.