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MIND C.T.I., Ltd. Message Board

  • mid_pac mid_pac Nov 22, 2004 2:40 PM Flag

    Question re: dividend

    I see mention again of the dividend coming March 2005--I did not see this in their most recent financial report. Can someone please relay details of this dividend?

    Thanks. .

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    • go to the mind web site and listen to the last cc

      the past policy has been and was confirmed to be that the devidend was determined based upon end of year earnings and has typcially been 80% of earnings

      with projected earnings per share of 31 cents the expected dividend is around 20-24 centa or around 4-5% on the current share price
      that is why you see this low price stock stay so stable, it has a dividend return equal or larger than most dow compaies

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