All of a sudden they have to ask Finra to approve a >25% distribution on that as well
lol (aka *sigh*) It is a possibility that we'll go sub 20 cents and hence the 5 cent dividend is >25%. The question then is whether the >25% is valued compared to when the company first adressed the dividend (>>20 cents), the date of the dividend declaration (around 20 cents???), or at the ex date (<<25%)?
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.