Post by
lovehockey on Jun 07, 2023 12:42pm
Waiting for dividends end of year
If dividends will start this year what would they be?
3 cents a quarter? 5 cents a quarter? 10? Will I be able to start travelling around the world on my ATH dividends or I still would have to argue with the local wash traders on this board?
Comment by
MLEWICKIMBA on Jun 07, 2023 1:02pm
No dividends ever. Not good for stock price. In 24 months Ath will have 450 Million shares and the price will be 8 bucks. That's the dividend.
Comment by
lovehockey on Jun 07, 2023 1:07pm
I disagree. Short or medium turn dividends are actually good. You use your dividends for your personal buyback. I prefer a combination or alternating approach dividends first so owner's can buy more shares and buyback later so the stock price goes up that way you get double win for those who are long term holders.
Comment by
TheWokeLemming on Jun 07, 2023 4:01pm
Both approaches can be correct, providing the dividend or the buybacks are meaningful. I love my CJ dividend (currently over 10% return) and use it to increase my ATH shares. My hope is they both continue doing what they are doing with CJ offering the meaningful dividend and ATH offering meaningful buybacks.
Comment by
DukesMtl on Jun 07, 2023 9:04pm
Not that long ago CJ was trading where ATH is now.