Post by lifeisgood1010on Oct 08, 2021 2:44pm
294 Views
Post# 33989907
Huge dividend coming
Huge dividend comingHaving made $3.91/ share over the last 4Q and next quarter is historically a very good one
GDL will announce a dividend of at least 75 cents if not more in November.
Jaryslowsky is 95 years and the Goodfellow are getting very old.
One day, we could see their neighbors (Stella Jones) or Doman make them a decent offer.
Book value is now north of $17.These assets have been depreciated to the bone.
The value of the Delson land is worth much much more than the value on the balance sheet.
Being so illiquid, very few investors care for this stock.
I am happy holding until something occurs.
In the mean time, i will collect the juicy dividend.