Sent to: BWest@PGTInnovations.com ... The PGTI and Cardinal Glass deal sounds like a very fortuitous deal for both parties and should enhance PTGI's post-Irma capabilities.
PGTI's EPS last year was 51¢ with 49.6 million outstanding shares. PGTI should be able to pay a nice dividend.
The balance sheet shows $40 million in cash. The income statement shows Normalized Income Available to Common Shareholders was $26.039 million in 2016.
When will a dividend be initiated?
If your answer is PGTI has no plans to initiate a dividend my follow up questions are "Why?" and "What does PGTI intend to do with the cash and income to enhance shareholder value?"
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