GREY:ITGQF - Post by User
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Methodon Mar 22, 2019 11:50am
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Post# 29523315
RE:RE:FAT Dividend too
RE:RE:FAT Dividend tooExitStageLeft wrote: Are you referring to Fiera Capital dividend? They increased it to .21 per quarter today.
This deal is not bad.
But, if it was not for the excessive compensation in bonus and share grants, the share price we are receiving would have been a lot greater.
Management really made out like bandits here.
I was at the shareholders meeting. They mentioned that these two funds with bonuses outstanding amounted to over 10 million dollars, before bonuses!(Ridiculous) . So, these future profit rights amount to around 30 cents or so, excluding future appreciation. I ignore bonus amounts, because I do not know what it will be, but I am sure excessive.
Last I looked, the company has 16 million or so on balance sheet. So, excessive cash is 6 million before the management plunder begins on deferred bonus payments. Maybe 3 million is left. 10 cents a share bonus dividend?
Happy Investing
So buying or selling here? Taking cash or stock?