RE:RE:No sign of the special dividend news, did they change their Many good points on the highly anticipated Special Diviidend. I anticipated an announcement on April 20 and payable on May 1. Obviously that did not happen, but I am still in the camp that feel confident we will see a special dividend announced very soon. Tou could opt to come out with an exceptional Q1 report on May 4, and follow up with an impressive Special Dividend within another few days to get a double bounce in stock price.
They could also announce an acquisition on May 4, and at same time announce a slightly smaller Special Dividend say $1 vs expected $1.25 to $1.50 special dividend.
But I still feel we see a special dividend announced prior to Q1 results and I see it being $1.25 minimum.
Regardless all shareholders will be rewarded generously. Good luck to all Tou shareholders except of course the shorters who should be exiting their positions quickly.