RE:Dividends...and other make belief things...Do you want to know what I hear?
Whaaaaaaaaa WHaaaaaaaaaaaaaa
My stock lost money ....let me see how I can tansfer my hurt feelings onto others!!!!
Hahaha
F.U.
GLTA
Eyetradestocks wrote:
So on a trailing 12 month basis BCE made [or stole from Canadians...depends on your perspective] $1.9 billion.
They then thought it would be a good idea to declare, and pay, $3.7 billion worth of dividends.
The [daily] math on this type of corporate stupidity is as follows:
If you assume 91 days per quarter, BCEs dividend costs the corporation [i.e. you common equity goofs on the cap table] $4.9 million...per day okay. Per day.
I really don't know what makes LESS sense...BCEs dividend policy...OR...how...TD Bank's Ajai Bambaling-a-ding-dong or Leo "Oy Vey" Shalom still have jobs. TD got caught with its pants down opening up daily banking accounts for fentynal dealers and they think firing a few low level tellers at the bank will fix everything.
By the way Ajai and Leo get paid, are you ready for this, nearly $3 million per year!