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johnsyn

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johnsyn

Re: GREGG THE GREEK post# 44

Wednesday, 10/26/2011 7:03:19 PM

Wednesday, October 26, 2011 7:03:19 PM

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very nice divie- present rate is 16.11% (minus 20% tax to foreigners). It's lost steam in the past year. dropped from 1.10 to .85, to .83, to Oct 17th payout of only .66.
Very good reason to replace the CEO, although shares pps always got icky with news of middle east threats, but an almost 50% cut in divies stunk. Still pays a lot more than most U.S. stocks.
Hopefully with the CEO replacement, it will improve again.
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