RE:April distribution?Donwaan wrote: PIC has been in existence since 1997 and has not missed a quarterly distribution since inception I believe although the distribution amount has varied. Does anyone have a sense for whether an April distribution will be paid out and how much it might be? I am a relative newcomer and am hopeful of a 10 cent per share distribution in April. Any thoughts?
If things are normal, Record Date for April will be April 15th, with dividend payments made on April 30th. Announcement of payments is usually made about 1 week prior to the Record Date. So you should have news approximately the 6th, 7th, or 8th of April.
As to whether a dividend distribution will be made, and whether it will be at a regular rate or a reduced rate, your guess is as good as mine - we are living in strange times. To your last point, hoping for $0.10 per share - - you should know that the regular rate of dividend is $0.20319 per share, not $0.10. Hopefully, if they do decide to reduce the dividend you should see about $0.09 - $0.15. As you said, I don't think they have ever completely eliminated dividend payments in their entire history.
Good luck to you.