TSX:CUS.DB.D - Post by User
Comment by
Khersonon Feb 24, 2015 8:44pm
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Post# 23461322
RE:RE:RE:Plan "B"
RE:RE:RE:Plan "B"pierrelebel wrote:
"Does anyone truly believe that the dividend will then continue? " I think most long term shareholders expect a reduction in the quarterly dividend at this time or in the near future.
"What about the share price?" A dividend reduction is already priced in and a 50% cut to $0.05 per quarter could possibly see an increase in share value as it would represent a yield in excess of 6% and eliminate the uncertainty about the dividend cut.
Welcome aboard Pierre. Glad to see that you have been able to take the time away from your pennystock board (Stornaway) to post on this one. Then again, in 3 weeks time, Canexus might also be worth 69 cents a share...
Kherson