RE:Quarterly Div.
Zeeman1 wrote:
Any idea what the quarterly dividend will be?
Expectations are to triple the monthly into 1 payment so .6525. It's not uncommon for adjustments up and down but unless it's just .65 I wouldn't expect a decrease it would be more likely they would bump up to a round number.
I don't think there has been an official announcement yet so we likely get it in the quarterly report.
I assume the switch to quarterly saves a bit on banking, filing and information costs needing to administer/announce 4 payouts a year rather than 12 and gives them a little more flexibility on the accounts. It's also more standard for larger entities. I preferred monthly but I understand the change here makes sence.