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value1008

05/07/20 9:23 PM

#2261 RE: Technologic #2260

Tech, it's hard to annualize that divi b/c of variability of net earnings and their customary practice of taking out 60% for the divi.

And so the divi for this coming quarter should be HUGE, maybe 0.60 (if adjusted EPS does indeed hit 1.00). But Q3 and Q4 may be back down under 0.35, assuming rates and revenues come down from their recent stratospheric levels due to the collapse of the contango to more minimal spreads.

So, super-conservatively, i estimate 0.35 + 0.60 + 0.18 + .18 for the year. That's still quite considerable.