OTCPK:MAUXF - Post by User
Comment by
oullinson Jan 17, 2013 3:38pm
572 Views
Post# 20852939
RE: RE: RE: RE: Next Dividate ?
RE: RE: RE: RE: Next Dividate ? Dividend announcement date. It is not a bad question since we have no precedent for a dividend announcement during year end results. so applying 3 months from the last one does not work.
If Q4 was a regular quarter one could anticipate the dividend announcement 60 days after the end of the quarter in the same release with the quarter results just like Q3. Well, Q4 will be announced coupled with the year end so that is 90 days after the year end or March 31st. The question is: will Mart announce the dividend at the end of February or the end of March.
This post is for all the people that will start complaining if it is not announced at the end of February.
Since we are talking about Q4. We all know Q4 is going to be bad. Maybe not as bad as we think since we will hit a very high "cost oil" percentage in October with the repayment of UMU10 expenses but still bad.
The nice thing about the timing of Q4 results is that it is 70 days from now (plenty of time for other news) and it will disappear inside the full year results. Just imagine the title "Record revenue year for Mart in 2012 and major increase in reserve" On page 4 in small type "By the way we had a really bad Q4 but things are great now"
GTLA