Publix supermarket stock split

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No personal attacks on customers or other co-workers allowed. Please keep it "professional. Please keep it "clean. I just checked my page and it says I also have shares. Now, she's officially out.

She quit a few weeks ago because she got a management position at another job, but she just got this letter in the mail. I'm in college, looking for a job in my IT field after this semester. I might just quit a few months early and ride off this huge check until January.

Is this what normally happens? I don't remember learning about this ever. Is this some sort of severance check?

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Will it really be that much? Profit Sharing has nothing to do with retirement. Your girlfriend has been given shares and you have shares over the course of your employment there and that is fantastic!! That is your stock and there is no requirement to "cash it out".

In fact I would NOT cash it out and will tell a story below. I believe upon separation you can simply be asked for that as a stock certificate. Put that in your safe and don't touch it. Your tax consequence will basically be that the stock has a cost basis to you of zero which means the entire piece would be taxed as regular income.

Now BACK to my story. Back around I decided to buy 10 shares of Publix stock for my son and 10 shares for my daughter.

I am just sad I did it just that once. My point is over about 20 years in my example Publix stock increased significantly in fact increased 58 times. In other words you have been given a gift.

Don't blow it today no matter how you justify it. You WILL be sorry 20 years from now. Think about it this way, Publix has said "thank you" for working with them. Now say "you are welcome" and put in the safe and don't touch it. THAT alone could be a chunk for retirement in 20, 30, or 40 years. That ALONE could potentially payoff your house with money left over in 30 years so you can enjoy a debt free retirement.

PLUS remember since you no longer work for Publix you can NEVER buy Publix stock again. So keep what you have, don't be tempted to touch it, and put in the safe and forget about it and you WILL be glad you did in 20 or 30 years.

BTW, if you take your Profit Sharing as stock I don't think there is ANY tax consequence until you actually sell it but Publix would be able to tell you that better than I.

I appreciate the lesson. Thanks to you, we'll probably take at least some of hers out now and keep mine for the long term, since I'm still employed by them. We're in a pretty bad financial situation right now, so we're going to need to cash at least half of her stocks just to even things out.

There's a lot of talk about the stocks splitting soon, and in the past it always splits 5 ways. It's very likely to happen in the next 10 years as the price per share is simply going up too fast. I understand the feeling. Regarding splitting I have seen it from splitting 2 to 1 all the way to 10 to 1 but splitting is not a big deal and I don't think matters how they split it. The outcome is the same. It is KEEPING the stock that makes the difference: Again, I understand what it is like to be in a "bad financial situation" but if possible maybe you could use the stock as collateral at the credit union and borrow off of it?

That way you don't sell it and still get to keep it. Just borrowing money at a very reasonable rate using that as collateral. I can tell you with certainty that in 10 or 20 years you will regret selling it and if there is ANY way to not sell some of it I would strongly suggest you don't. Of course if you have to you have to and I understand that. No way do I think splitting is not s big deal. More free shares is more on my dividend.

Yes, the value is the exact same. But, if it splits 2: Although, I do see your point with this guy. Waiting until it splits and cashing out wouldn't make a difference. Sorry but that is incorrect. When it splits 2 to 1 you have twice as many shares but each worth half the price so no change there.

And you might have twice as many shares but each dividend per share is half so no change there. However, the reason they split the stock is to make it "more affordable". I am agreement with you and let Publix stock continue to rise, let the stock continue to split, and let me have a very comfortable retirement: No, I know that.

I'm saying the value is the same, not the price of shares. I know dividends are reduced as well, I'm saying when the price goes back up, dividends will start to pay more since I'll have more individual shares.

I understand what you're saying though. Didn't the stock go up into the 90s before? I wasn't around then for that. Some of the managers at my store are thinking it'll be in a few years before they split. From my story above you will see I bought 10 shares about I think?

Whether it splits 3 to 1 or 5 to 1 I don't know. And I agree with your assessment and agree that there is a "psychological" energy after a split. But it is the Publix incredible focus AND staying private is the reason they do SO well!!

Because they don't answer to short term "stockholders" but long-term "family members" which are the associates and owners: I had the opportunity to work for Publix for about 10 years and my last year worked in the Lakeland corporate office as an analyst with Ed Crenshaw, Tom McLaughlin, and many others. Sometimes I look back and wonder where I would be with the company if I had never left But still own a fair amount of Publix stock between my wife who STILL works for Publix and what I have so I just hope Publix continues to grow like it has: I'm hoping that, at age 20, I'll be well off when I retire.

I already have k and bought shares of my own. One guy I work with thinks they'll go public eventually, but I seriously doubt it. We old a name being the biggest employee own company. Or however they say it.

We would be nothing if we went public. Why did you leave? I'm sure you making great money working that close to those guys. At least you're still holding onto the stock you have. Great you are in the k and my wife still works for Publix so we "max out" HER k with only Publix stock and I diversify our investments with my k.

I don't see Publix going public any time soon. So many of the "higher ups" own a lot of Publix stock and once the company is sold goes public then you have many stockholders who don't work for the company but are investors "flipping" stock and that causes many decisions for short term gains but hurts long term. I see the majority of Publix stockholders looking "long-term" so doesn't want to go public.

I didn't like the retail side and worked about 7 years as a stockclerk while going to college part-time. They kept asking me to go into management but I wanted to finish college first. But in my senior year they basically begged me to go into management and I told them I would if I could be assured to have two specific evenings off a week for my night classes and they agreed.

So went into management and was a "2nd Assistant Manager" that's what they were called back in I did that for about a year when I saw an internal listing for a corporate office analyst position. Since my degree was in Economics and was very "analytical" I thought it would be great. Long story short I got the job and commuted to Lakeland from north of Orlando. No reason to go into details but told my wife what nice homes I was finding in Lakeland and wanted to go look that weekend with her at some homes.

That was when she told me she didn't want to move. We TALKED about this!!

But she I guess thought I wouldn't get the job so no reason to tell me she didn't want to move. I commuted that an hour drive each way while STILL going to school two nights a week for about 9 months but physically couldn't handle the drive, hours, AND school at night and simply asked to go back into management.

But didn't want to do that either. So when I graduated shortly thereafter got a financial analyst job in Orlando for another company and the rest is history. Since then have also gotten two Master of Arts degrees Economics and MBA so also teach college Economics part time at night. I really enjoy what I do now, and do okay financially, but Publix is such a great company and I am so motivated that there is no telling where I would be right now at Publix: But I wouldn't be teaching college economics part-time at night either and I LOVE that so I guess it is all good: Just stay motivated and work hard and buy as much Publix stock as you can while you work there because after you leave you won't be able to buy any more.

And enjoy the increases in Publix stock and your dividends for the rest of your life: Dang, that's really rough. Didn't you already have the job and already commuting? That's a far drive Hopefully you like your new job. You seem well educated, which is great. At least you're happy! Still shopping at Publix, right? That is not exactly how it works unfortunately.

Could Publix Super Markets go public? | Tampa Bay Times

Stock usually splits when it reaches a certain value, but when it splits, the value also splits with it. Since this is a very high value for Publix stock it splits True, I have since learned about this. It's definitely still a good thing, especially for the long term.

Why not just keep the stock and cash the dividend every few months? Or is this Publix stock in the k not the profit plan? I had to borrow more money than that to pay rent last month. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. By signing up, you agree to our Terms and that you have read our Privacy Policy and Content Policy.

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Will be starting a cashiering job at Publix my first cashiering job period soon.

On Amazons acquisition of WFoods. Amazon excels in providing consumers with great prices, which one would assume they would incorporate to groceries, so don't expect Publix stock to increase much in value in the near future as the supermarket industries margins are about to get tighter and tighter.

Publix , Nuckols Place, Wyndham Forest Drive, Glen Allen, Virginia This is an archived post. You won't be able to vote or comment. Sorry for the short reply, i read everything. TL;DR if stock splits, value does NOT immediately increase. I was employed for 7 years and quit around 6 years ago and still have my stock. Posts are automatically archived after 6 months.