InvestorsHub Logo
Followers 8
Posts 869
Boards Moderated 0
Alias Born 11/17/2014

Re: ks1977 post# 150748

Friday, 11/30/2018 12:02:42 PM

Friday, November 30, 2018 12:02:42 PM

Post# of 163716
The last time SIAF paid a normal cash dividend back in 2012 they declared/announced it on Dec. 6, the record date was set for December 26 and it was paid out to shareholders January 15th.

As I mentioned before, in 2011 they didn't declare the dividend until 2 trading days before the record date. They declared/announced it Oct. 26th and record date was Oct. 31st. It was then paid out to shareholders November 15th.

I would expect the pay date to likely be January 15th, with a record date of Dec. 31st. Who knows when they'll declare/announce it though; hopefully soon. I would have thought they'd have done it by now...Hopefully they don't wait until 2 days before the record date to announce like they did in 2011.


Again, every day there is no longer any dilution the stronger the probability of a cash dividend being paid out (my opinion differs from everyone else's who thinks the longer we go with no news the higher the probability they won't pay it), which the market has put the odds of at basically 0% given the 75% implied yield since holding it for a little over a year would get you 3 cash dividend payments of $.05

Join the InvestorsHub Community

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.