Post by
fdfd12 on Feb 28, 2019 1:39pm
DIVIDEND
Div is 15.5%.
Most probably will be cut tonight.
Sometimes stock goes shooting up when it is cut!
Comment by
toto3321 on Feb 28, 2019 2:33pm
My bet is they won't cut it... Only about $18M per quarter. Let's see who's right tonight. GLTA
Comment by
Mr.Monopoly on Feb 28, 2019 2:41pm
Dividend should be cut and this cash flow should be put towards debt. I think they cut. However, a dividend cut is probably already priced in.
Comment by
fdfd12 on Feb 28, 2019 3:16pm
My prediction, from .37 per Q to .10 per Q or .40 annually. If they cut the whole thing, stock will crash.
Comment by
toto3321 on Feb 28, 2019 3:21pm
That's a very interesting scenario....
Comment by
Trader124 on Feb 28, 2019 3:22pm
market is always right so don't try to fight it. div will be cut
Comment by
Trader124 on Feb 28, 2019 4:46pm
yep like i always said. Market is always right. I hope that is a lesson. Double digit dividend result always into a cut