RE:RE:Implementing a dividend?fruitvale3067 wrote: astrorbit,
sice SSL has committed 2019 revenues towards a share buyback I don't think you will se a dividend in 2019. It is just my opinion, possibly 2020, but a much better chance once Hod Maden is up and running.
I agree, I don't think a dividend in 2019 is likely. I don't know that they'll initiate it in 2020, but my hunch is that'll depend on the SP performance. They've dedicated substantially all of their 2019 cashflow to buying back around 10% of their outstanding shares. All things equal, if the SP is still hovering around the same areas it was prior to the buyback, I would bet its far more likely they'll perform another buyback than a dividend in 2020.
If gold and and their SP appreciates substantially over the next 12 months, I think you do have a better argument for a dividend.