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Re: IKEA post# 29364

Saturday, 02/09/2013 11:50:40 AM

Saturday, February 09, 2013 11:50:40 AM

Post# of 163719


If you mean the regular dividend (not special dividend from any spin out), then I assume they will stay with the guideline of 8% of previous year's income. By then, it will all be paid (vs. deferred "F" shares).

In this sense, the question becomes, "what will they earn in 2014?"

I'd guess 2014 earnings of perhaps $1.50 per share with 130M WAOS shares. (if or until we see some other form of financing).

But even if earnings were $2.00, the dividend would be $.16.

Solomon's sample projection of cash paid out to shareholders from a spin out would approximate another $.30.

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