The Ring of Fire includes more than 450 volcanoes. It stretches for nearly 25,000 miles, running in the shape of a horseshoe (as opposed to an actual ring) from the southern tip of South America, along the west coast of North America, across the Bering Strait, down through Japan, and into New Zealand.
Well, when IBM raised its dividend to $1.10 from $0.95 a year ago, that was a dividend hike of almost 16%. When the dividend went to $0.95 from $0.85 in 2013, that was a hike of almost 12%. And in 2012, the dividend hike to $0.85 from $0.75 was a payout raise of 13%.
To suggest a company that last year lost almost $675 million and sold less than 77,000 vehicles is worth more than a company that made almost $4.6 billion and produced nearly 6.7 million vehicles defies logic. Fordâs revenues topped $151 billion in 2016; Teslaâs, just $7 billion. Tesla employs some 30,000 people worldwide.