Post by
pennydredful on Sep 14, 2021 3:14pm
Say Trolls
will the .12 quarterly dividend be declared or cut this week?
Comment by
SuperM on Sep 14, 2021 3:58pm
I was wondering the same thing. They noted on their last financials that .12 divi was approved (x-divi is Sept 28th) But don't know if they will send out another notice.
Comment by
theprovincial on Sep 14, 2021 5:54pm
If the dividend is reduced myself and any remaining shareholders with large positions will be selling in droves. Doman and the BOD aren't that foolish. Restoring the $0.14 quarterly however would go a long way in building up positive rapport with a very disgruntled shareholder base.
Comment by
pennydredful on Sep 14, 2021 8:52pm
They are already selling in droves down 35% since the new issue at 10$ 3 months ago.
Comment by
Red_Deer on Sep 15, 2021 5:19am
TIME to FISH or CUT BAIT eh !!!!!!!!!!!
Comment by
theprovincial on Sep 15, 2021 7:29am
A symptom of the lumber bubble in the spring. This would have been trading in the $6-8 range under normal circumstances. I'm as frustrated as anyone with this stocks performance, but a large selloff from $10 was expected. The speculators and traders are gone now. All that remains are bagholders and income investors. Cut the dividend and they'll lose the latter.
Comment by
Red_Deer on Sep 15, 2021 4:39am
So WHAT SAY all You TROLLS eh !!!!!!!!! ?????????/