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Bullboard - Stock Discussion Forum Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.

OTCPK:MGMXD - Post Discussion

Alterra Power > .00694444 do the math
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Post by Newstock44 on Sep 07, 2016 6:12pm

.00694444 do the math

When I hear people that are not happy with a new dividend I wonder how many old and new stock owners of AXY that will reinvest or spend there money elsewhere. With 300000 shares it would be $1500 a year dividend or just over 2000 free shares a year. Think if you own more, or you get partially paid with stocks... It's a good thing and you would be BOLD to know it. Matt I here you !!
Cheers 44
Comment by BoldForbes on Sep 08, 2016 8:43am
Newstock44, Just to clarify, I will happily reinvest the dividend! I just don't think it is necessary to issue a dividend at this time.  I would prefer all resource be allocated to fuel growth.  I am not upset at all by the decision, not against it, just not in favor of it.  Enough said on this topic, I will move on as we have better topics to discuss (i.e. pipeline of ...more  
Comment by SimplyRunRig on Sep 08, 2016 3:03pm
I don't think a consolidation without a dividend would be seen as good news...
Comment by materialsgirl on Sep 08, 2016 3:05pm
Bold one; The divi is not designed to please folks like you and me. It is done because many funds have twin requirements' 1  Share price over $2 or $3 2  divi must be paid, (sometimes 2% or more) I would share your sentiment Bold on except for this factor. In a company where there is a profit or excess cash flow there are only 2 options 1   Give back to ...more  
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