I just can't find ANY solid math or reason why the divy would drop below .07 next quarter. None, zero. If anything they can pull some bank and increase to .08. If they are going hybrid that is likely to happen. Pop the divy = jump in stock price. And why would they do that??? To get the stock to trade at BV so they can offer another SPO. It's not really all that complicated.
These prices are stupid, but where you can and make some $$$.