GREY:LSTMF - Post by User
Post by
ltrabson Nov 11, 2013 5:40pm
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Post# 21895478
Dividend
DividendDuring the c/c when they were asked what was plan B, when they talked about the land sales that fell through because of buyers inability to obtain financing they said plan B was to reduce cap-x.
Since they have been updating 2013 guidance and still list 2013 dividends at $0.96 I assume they will pay 0.08 in Nov. & Dec.
Any change will be for 2014 ....
Presently,
Plans A is sell some land,
Plan B is reduce Cap-X.