RE:RE:RE:RE:Everyone wants to get Paid !!!! $$$$1hot-techwoman wrote: Sandvine Initiates Quarterly Dividend
CW
Sandvine Initiates Quarterly Dividend
WATERLOO, ON, Jan. 7, 2016 /CNW/ - Sandvine, (TSX:SVC) a leading provider of intelligent network policy control solutions for fixed and mobile operators, today announced that its Board of Directors has approved the implementation of a quarterly dividend of C$0.0175 per common share (C$0.07 per common share, annualized) to its shareholders. The first quarterly dividend is payable on February 8th, to shareholders of record as of the close of business on January 20th. This is the first dividend to be paid to shareholders in Sandvine's history.
Giving out a dividend does nothing materially to the value of a company...in fact when a small company does this it means they don't know how to grow the company. Most small companies should be re- investing their net profit...I wouldn't not necessarily not buy this company...but because of the dividend I would be a bit leery...imho