RE:RE:RE:Dividend like clockworkTommy123 wrote: It's a great stock, and as you said, a hidden gem as not many analysts cover microcaps.
Personally, I think a buyout may be on the horizon at some point. A pension fund would likely be interested in a company with a stable dividend like DIV. 12 months from now I think they should be able to provide a 24 cent annual dividend. At a $3.25 offer, an instutitional investor would very much value a stable and reliable 7%+dividend to fund pension obligations. This is what happened to Student Transport a while back. A Quebec pension plan bought it for its reliable 7% dividend.
ace1mccoy wrote: Gotta say , i've been adding at opportune times since finding this divy hidden gem in mid 2016. I'm completely happy with DIV and where it's going. If , it takes the rest of the year to increase the dividend all good. Also looking forward to when and where the next deal is .... GLTA
Now that you mention it Student Transportation , I was there as well. Agree Tommy Pension plans love reliable incomes such as pipelines etc etc. I really hope it doesn't happen in DIV's case , then would have to find a replacement for that income loss .