OTCPK:MAUXF - Post by User
Post by
jmcoilon Sep 26, 2011 5:11pm
363 Views
Post# 19085732
dividend
dividendIt's markets like these that have me still in favour of a dividend. 1 cent a quarter is almost 10% at these prices and only costs mart about 1 million a month. It rewards shareholders for holding the stock and is easily affordable and sustainable. When we get more realistic pricing on mart it is still a 3-4% dividend.
I understand why people don't think junior explorers should do this but in mart's case with the high gash flow I think it makes sense. Even in tougher markets if it is an affordable dividend it puts a floor under the stock price and encourages people to hold onto their stock.