RE:RE:RE:Dividend?A good day, will it last is usually the question. At least moving to new territory lately is a move in the right direction.
But when discussing yield is it really prudent and also we went up in value to the equal of two years at 5c a month in one day.
So I would like to know how anyone can explain the reasoning.
When you pay down debt you actually add more value to the company and shares, there is no cost to paying a dividend let alone the energy and time of the company to implement one.
When paying a dividend it is like spending money on advertising, you have no idea how much you are being paid back, ie: dividend reinvestment into more shares by shareholders.
When undervalued share buybacks should be considered instead, pay down debt and when overvalued then a dividend. Few companies did share buybacks last year that I know of when it was super cheap.
In this day and age, you can sell a measly amount of shares equal to a dividend at some places for no commission or little and consider it a dividend. Same thing.
Lets get cash in the bank, and the price back to at least where it was pre epidemic first.