.03 monthly div x 12 months = .36 per year div .36 divided by 5.77 equals .0624 .0624 equals 6.24 percent
Not questioning anyones skills, I just wanted to do some math.
Good luck all. With AWP only paying this smaller divided for the rest of the year there is a good chance they can grow the NAV with some force. Then again, I don't really see many companies raising their dividends other than PETS. Check out PETS, you might like what you see.