DivsMichael98, great point it is very hard to pay the "suspended" Div. to those that deserve them! even if the board wanted to which I don't think they do. Probably going to go to the lawyers in the comings years.
To those that think the div yield is great. Take at look at BMO. It currently pay over 8%. Which company do you think is better run and likely to continue to pay this div?
Next point, the current div yield is only applicable to those that buy at todays share price. Those of us that paid in the high $20's, have a much lower yield and hence my more to BMO or other "safe" div. paying company soon.
Next point, the up to 5% share by back is just that, UP TO . There is no obligation to buy back any. I would be more happy with a announced by back.