Post by
MaterialsMan on Aug 26, 2024 5:22pm
DIVI
CWCO has lot of cash on hand.
The equivalent of close to 25% of the MC.
There is some buzz that a signicant special dividend might be in order when the board meets shortly to figure out what to do with all that money.
Maybe an early Christmas present?
Just half of that cash would allow for a $3.00 payout.
That would be about 10%.
Be nice!
Comment by
MaterialsMan on Aug 27, 2024 9:53am
Management is conservative. The regular dividend was increased about 15%, which still leaves a heckof a lot of cash in the kitty. I hope they put it to good use.