International Nutrition was affected by the supplier recall

Anonymous

Guest
Abbott announced this morning a 57% increase in its dividend, demonstrating confidence in the long-term growth of the company and their commitment to increasing shareholder returns. This declaration increases the company’s quarterly dividend to $0.22 per share from $0.14 a share, effective with the dividend to be paid in February 2014.

Total company sales increased 4.3%, operationally, but excluding the sales disruption in International Nutrition, sales would have increased approximately 6%. Sales growth in International Nutrition was affected by the supplier recall initiated in early August in China and two other markets for certain pediatric nutritional products.

http://stks.co/sWnq
 

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Abbott announced this morning a 57% increase in its dividend, demonstrating confidence in the long-term growth of the company and their commitment to increasing shareholder returns. This declaration increases the company’s quarterly dividend to $0.22 per share from $0.14 a share, effective with the dividend to be paid in February 2014.

Total company sales increased 4.3%, operationally, but excluding the sales disruption in International Nutrition, sales would have increased approximately 6%. Sales growth in International Nutrition was affected by the supplier recall initiated in early August in China and two other markets for certain pediatric nutritional products.

http://stks.co/sWnq

Will our P/E ratio change? Also will the ROI compared to the sales growth change?
 








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