GREY:AVNDF - Post by User
Comment by
Pawperon Apr 10, 2012 12:02pm
259 Views
Post# 19776017
RE: Lowered the dividend by 25%
RE: Lowered the dividend by 25% $3.50 would be appealing alright but that means a 12% dividend. If 3.5c/share/mo is sustainable then i would guess that people will start piling into this stock pushing the price back up to somewhere in the range that we'd be looking at much less than 12%. I certainly hope that happens as I'm in at much higher than we are at now and I don't want to add any more, even at these bargain prices.
p.