Savvy Trades and Investments

[worthylion]

APWC--Annual meeting is in two weeks. Even though their parent owns 75% of their stock, some vocal SHs pressured them into establishing a dividend policy which provides for an annual dividend of excess cash flow but essentially still at the discretion of the Board. They had a good year in 2016 and audited financials have been finalized. There's no evident reason why they shouldn't declare some dividend for 2016, and they may want to do so prior to the Oct 20 annual meeting or risk getting an earful from unhappy SHs. If they do, it probably will be a modest amount given the history so probably won't move the share price much.