RE:RE:Dividend not raised yetJayBanks wrote: Yea, I was one expecting it myself, especially when they talk about how they are at 51% and target 60ish% on forward looking expectations and they expect similar results going forward, also that they could maintain the dividend at a higher level if the market were to turn down.
Using overly simplistic math, it seems they could have raised the penny and still been at about 56.7% payout ratio... Still very pleased with the company, management and investment results here, but it does seem like political double talk to us shareholders on this front.
They are coasting. Probably eyeballing a few possible acquisitions. If not, they will knock down the debt a little.