Replies to post #7050 on Sino Agro Food Inc (fka SIAF)

[treit2002]

Per eTrade

"On 10/6/11, SIAF announced a regular annual cash dividend of $0.01 per share, payable on 11/15/11 to shareholders, with an ex-dividend date of 10/27/11."

Assume another penny in a note.

Sounds like 6% of GAAP 2010 earnings, exactly as planned, again assuming another penny in a note. 2011 dividend should be just about $.05, half in cash. Hopefully, they've got the mechanics worked out, and can announce and pay 2011 much quicker, say a month after final accounting/reporting.

In any case, good news, as they've followed through, thwarting for now those skeptics who thought they wouldn't.