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dpsimswm

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dpsimswm

Re: StockKnowledge post# 321

Tuesday, 12/08/2015 8:11:13 AM

Tuesday, December 08, 2015 8:11:13 AM

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I don't think you have missed the boat. 2015 is the first year that this company has earned enough that reinstating a dividend is actually a possibility.

From the 10Q,
"Series C 9.125% redeemable preferred stock, $0.01 par value; liquidation value $35,127;"

Based on yesterday's close, the yield is about 27.8% if the company reinstates a regular dividend.
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