Positive news about the special dividend. Any thoughts as to what happens to the $0.255 quarterly dividend beginning in Q1 2013? Are MHP investors expecting an increase and if so, what will the increase likely be?
Sentiment: Strong Buy
MHP is proud of its dividend record. Sale of the Education business will have a positive impact on free cash flow so MHP will increase the dividend in 2013. My guess is about 6% or $.015 per qtr.
I would agree. Whatever you think about Terry McGraw, he grew up in the organization that has a culture of increasing dividends. He want to position the new MHP as "High Growth/High Value"