" Now dividends are going to be $0.06 from March to August 2015. That is $0.18 per quarter. I think this is easily sustainable. The company is in transition with this new management. While shareholders are feeling a bit flushed today, it is necessary for the company's long-term survival. I think the stock can be bought, and if you can get shares under $7.00, it is strong a bargain. The cut hurts. No doubt about it. But if you are in it for the long-term, then it's time to start accumulating shares. The more conservative dividend policy and setting distributions at a level that is covered by sustainable net investment income will lead to less volatility on earnings."
I'll watch it for it bit this morning before picking a buy price. Will continue to accumulate until it bottoms and turns around.
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