verrrry interesting action
IMO President Decherd began buying today once the quarterly results became public. Watch for a filing soon.
A. H. Belo declared a special dividend of $0.24 per share. The dividend will be payable on December 7, 2012, to stockholders of record on November 16, 2012.
Sentiment: Strong Buy
You could be right, but I doubt it.Dubious distinction to be one of only a handful of stocks I follow that was actually DOWN on a day like this.But....AHC has certainly been holding up better than those silly over-leveraged POS's -- LEE and MNI -- over the past month. One day most definitely does not a year make.Will be interesting to see how Mr. Market adjusts the price on this after Decherd & Co raises the dividend. Will we see 9%? I doubt that too.