Post by
dwtna1 on Oct 02, 2014 1:56pm
Is a Dividend announcement overdue?
The last divi was announced on June 30th which would make Sept 30th the next quarterly announcement date. Did I miss it?
Comment by
torontom on Oct 02, 2014 2:15pm
The chart says they do not have the ability to keep their promise
Comment by
jd43xl on Oct 02, 2014 2:56pm
The dividend should be payable for those on record as of Sept 30th, and should have been announced weeks ago, which gives you a good idea just how fcked up this company really is.
Comment by
dwtna1 on Oct 02, 2014 4:03pm
J: I think you may have misunderstood my question. The last dividend was announced on June 30th, payable on July 28th to the shareholder of record on July 18th. The x-div date was July 16th. If MMT followed its usual pattern, the announcement should have come on Sept 30th, which would put the payment date around October 28-30. I was just wondering if I had missed the announcement.
Comment by
jd43xl on Oct 02, 2014 5:45pm
Sorry for the misunderstanding. Don't forget that the June dividend announcement was late, so you can't really construct a pattern when the company issues dividend announcements whenever it feels like it.