RE:RE:RE:Dividend policy announced - maiden dividend!! They probably want the stock above $2 so funds can participate . The stock will be called dividend paying stock. Estimated cash flow for company for 2014 is estimated at $100M.
the semiannual dividend will cost the company approx $8 Million dollars. Total annual cost $16 Million.
the company will still have a lot of money to spend.
the company has only spent 8% of cash flow on the first semi-annual dividend. Not a big outlay.