question on R/S effect on divy please?The divy amount will not multiply proportionately,correct?For example, if R/S is 1:10,then will the dividend amount still remain around the present 0.105 cents per quarter(on approx $27-$28 stock post-split)?Let's say instead of the present 0.42c(0.105 X 4 qrtr)annual divy,the payout changes to 0.50c(so 0.50 X 4=$2.00 annually).
The annual yield will come down to reasonable levels & all this talk of unsustainable Yield levels will go away,right?Yes,it will mean a dividend cut to some extent,but will that really matter?
A R/S seems like the best solution for FTR,according to me. Am I reading this right,any thoughts please?
