Sino Agro Food Inc (fka SIAF)

[Mark-J]

They don't have the money. Whole "dividend policy" was an obnoxious misuse of the policy to manipulate share price up. And they misused that up to the fullest by printing 20 million shares and sold them. So instead giving to shareholders they effectively stole from shareholders with better margin after the "announcement".
For honest companies dividend policy is a long time plan what kind of percent (range) they will be paying out from their profits or cash flow as dividend.
Siaf announced fixed $ amounts while having no money, no clue of future finances and ABUSED the policy by doing the opposite of giving out dividend meaning diluting.
They should be sued or at least punished severely by the markets they are listed in.
It is just one more chapter in their history of dishonesty and scamming.