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PVD Message Board

  • kmclaurin kmclaurin Sep 23, 2010 12:59 PM Flag

    Dividend

    Does this stock pay a dividend twice a year?
    When would you expect and announcement of the next dividend to be paid?
    TIA

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    • KMC,

      Historically PVD has furnished a dividend every mid-October for 15 straight years. They've also given a May dividend almost every year, though not last year. The May divvy is usually significantly higher than the October one, though May 2010 was the largest divvy in PVD history and their recent 6-Q filing suggests business continues to be very good. If you want an estimate, based on recent good results and broader history, it seems likely we will get a nice divvy in a few weeks, possibly in the dollar fifty range, though that is purely speculation on my part and I have no hard evidence to base that guess on.

 
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