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Monday, October 24, 2022 11:38:45 AM
During the pandemic when the country was shut down, I suggested that the BOD declare a special dividend dto help out for the missing income as a result of the pandemic and shut-down of the economy. i suggested that IDCC take the first step and perhaps other companies would follow. OBVIOUSLY, THIS NEVER OCCURRED.
Now, with inflation running rampant, the country is in disarray due to economic conditions, high gasoline prices, high food prices, high housing costs, high boarder crossings of illegals, mass shootings, and a President who is spending money like it is going out of style while the FED is raising interest rates, and a recession already here even though the President doesn't want to follow the formulas in place for many years.
Maybe now its time our companies show THEIR BELIEF in the strength of our economy be declaring special dividends to offset the high costs we have experienced in 2022 by declaring special dividends.
IDCC should jump on the opportunity to show leadership that is lacking in Washington by starting NOW to help Americans with special dividends before year-end and then follow up with increasing dividends for 2023.
JMO
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