China MediaExpress Holdings, Inc. (fka CCME)

[Headley Lamar]

Okay, I've been griping about a dividend for ages so I feel compelled to say that this is the BEST...COMPANY....EVER. Sure that is a highly subjective statement, but wow - they do everything the shareholders ask. I just hit the mental cruise control button. Appropriate valuation will be here soon IMO. To me that means well over $30.

My on-the-fly math has the dividend somewhere in the ballpark of 2% annual yield based upon current PPS. Is that what everyone else is calculating? That seems like a very fair starting point and a number that they can easily increase over time without significantly impacting operating cashflow.