InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,467.88
(
-0.10%
)
US TECH 100
19,218.80
(
-0.21%
)
Dow Jones
39,159.88
(
0.06%
)
Brent Oil
84.44
(
-0.67%
)
Bitcoin
63,969.53
(
-1.30%
)
Post# of 18930
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

LouisDesyjr

Send PM Follow Ignore
Followers 48
Posts 2095
Boards Moderated 0
Alias Born 02/08/2011

LouisDesyjr

Re: budmgd post# 6119

Tuesday, 01/24/2017 11:03:58 AM

Tuesday, January 24, 2017 11:03:58 AM

Post# of 18930
Cleaning up balance sheet

It seems that the last year or more they have been selling off all kinds of assets in order to hope to stay in business. Now that things maybe getting a little better, instead of building up some cash, they are running out and using it to pay a dividend.

Waiting a little to pay the dividend would not hurt that much, and might save them if things start going bad for them again.

Paying out the cash and then needed it later could cause all kinds of problems.

It just seems strange to be selling off assets to pay down debt and then they go ahead and pay out a dividend.

Louis J. Desy Jr.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent CHK News
More CHK News
InvestorsHub NewsWire

Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM

ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM

North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM

VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM

Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM

Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM

Start posting your company's news
Only $200 per official company press release!