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Re: avocado post# 45365

Wednesday, 11/14/2018 3:16:44 PM

Wednesday, November 14, 2018 3:16:44 PM

Post# of 53702
Very true avocado. When the market does not reward the company, sometimes the company has to step up and do what is right for the shareholder.

RFP just did it with a special 1.50 div.

8cents per quarter is 32 cents per year which is 8% yield at todays stock price.

32 cents per year per share is only $2.5million.

Their pot of cash and proven ability to generate cash suggests to me they could and should do all 3 things - Pay a div, buy back some shares, and acquire something that makes sense if possible.
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