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Re: dlewisfl post# 45501

Friday, 12/21/2018 3:20:31 PM

Friday, December 21, 2018 3:20:31 PM

Post# of 53798
They have $7.9 million in CASH. 8 cents would cost $2.52 million a year. In 2017 they made $3.26 million, this year, who knows? $2 million so far.

32 cents would give us a yield of 9% today.

I suspect the price would start going up once Wall Street realized that not only can Virtra cover the dividend, they may actually be able to increase it over time.

Yes, price appreciation is preferable. Seen any of that lately?

With lumpy earnings Virtra is never going to become a classic growth stock.
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