I am new to this board, so I have no in depth understanding of past discussions. I know about the 1 for 15 reverse split. Does anyone know what will happen to the old .015 quarterly dividend and how it is affected by the split?
We will know friday morning, I am hoping for a .20 dividend..
There is very little chance of a $0.20 qtrly dividend. Most probably $0.12 per qtr - - at $8 a share, this will be a 6% dividend yield (annual rate).