Salesforce Stock: Dividends Provide Valuation Clarity
CRMsalesforce(CRM) seekingalpha.com·2024-05-21 01:43

John M. Chase Salesforce started paying cash dividends Among the stocks in the Dow Jones Industrial Average, Salesforce (NYSE:CRM) is (or at least used to be) some kind of an outlier. Salesforce's P/E ratio is noticeably higher than the Dow Jones Industrial Average (and many times higher than some constitutes in the index). The Dow index is well known for tracking established companies, valuing them based on steady profits (reflected in a lower P/E). Salesforce, however, is a high-growth tech stock and dema ...