Has Scott Been Reading My Posts ?
JUST KIDDING !!
I am pleasantly shocked !
In previous posts I made my case for a Dividend Reduction and the Elimination of the DRIP !
In my wildest dreams I didn’t expect them to actually do it!
My Respect for Scott Saxberg and the BOD has increased big time!
It’s a very difficult decision for a BOD to make dramatic changes to Dividend and DRIP policies that have been in place for a very long time as necessary as they may be.
All too often BODs procrastinate until it’s too late!
Tomorrow will be interesting. There may be a “knee jerk” sell off. The share price may pop.
Personally I DON’T CARE !
As a Long-term “Investor” I will be quite happy to continue to be one!
THE GOOD TIMES WILL RETURN !!
As Always; Do Your Own Due Diligence; It’s Your Money !!