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While the final exchange rate is known, 0.9898 shares of Zoetis for each share of Pfizer tendered and accepted, it isn't yet known what the pro rated figure will be. In other words, what proportion of each 100 shares of Pfizer tendered will be accepted. It will likely be less than the current ratio.

The dividend is also supported by Stora Enso's relatively strong balance sheet. At the end of the third quarter of superdry hoodie sale 2013, its net debt amounted to $3.7 billion or a net debt to EBITDA ratio of 2.5x. Stora Enso also has the possibility of selling some non core assets to fund the business transformation, which could reduce its balance sheet leverage and further support its dividend..

There has been a nearly perfect relationship in 2014 between the size of a company and its return. The chart below speaks for itself, but I'll make one comment on it anyway. The largest 500 stocks are up +2.7% superdry jackets sale since March 4, while the smallest 500 stocks are down 14.7%.

"Justin knew that Jessica would dump him unless he committed to making her his bride, so his proposal was just lip service!" a "source" tells the mag. "He told friends that he has no intention of rushing down the aisle and he only went through with the engagement to get Jessica off his back. Justin says it'll be at least a year and probably several more before they actually tie the knot..

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