Comment by
Scotch12 on Sep 15, 2023 4:20pm
There was no announcement today about next months dividend. They announced todays August 14. Are we to assume the dividend remains the same for next month? I got shares last month from a DRIP even though they had announced they were suspending them? Does anyone understand the latter.
Comment by
SNAKEYBOY on Sep 15, 2023 4:32pm
If they cut the dividend without announcing strategic review outcome its probably going to be bad optics
Comment by
diceslinger on Sep 15, 2023 5:13pm
Check with your bank/broker, some drip all stocks.
Comment by
Scotch12 on Sep 16, 2023 12:07pm
I have a DRIP in all my accounts which as you say is generally an all or none proposition. That was not my point. The company said they had suspended the DRIP but I still received DRIP shares last month. It would seem given their debt issues it would be better for them to give you shares rather than money.
Comment by
TimeBuilder on Sep 16, 2023 12:24pm
Treasury DRIP (some with Discounting) verses Brokerage ( Open market ) DRIP !!!!!!!! BOTH Interesting programs IMO
Comment by
Paray99 on Sep 16, 2023 2:01pm
Me too.... Now I am waiting for that big move up in the SP. This thing will easily go above $10 with time... so it is a no brainer to hold!
Comment by
SNAKEYBOY on Sep 16, 2023 7:42pm
Their balance sheet is trash. Strategic review needs to split it up or a buyer buying out the floating debt too. 0.13/q