correct me if i am wrong but didnt the company announce they were going to a monthly dividend payment,one reason being to prevent volitlity around that large quarterly payment. Seems ever since that announcement things have not gone well
May 15th was the last dividend payment (ex-date, May 6th). The next dividend announcement will be in July, when the company plans to pay its dividend mthly. The company also said that it would raise the annual dividend beginning this July. We'll see. This a long term play--not for the nervous nellies out there.