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Bruce A Thompson

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Bruce A Thompson

Re: renshen1 post# 16113

Thursday, 06/07/2007 9:22:16 AM

Thursday, June 07, 2007 9:22:16 AM

Post# of 33360
Excellent question.

NFI is a REIT. As such it is required to pay out at least 90% of it's earnings to the stockholders. Profits for '06 exceeded $4 per share and must be paid before Dec 31 to keep from incurring massive IRS penalties which will get all of the money and then some.

Mgt has advised this year that they will be paying the dividend.

BT


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