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Friedman Industries, Incorporated Message Board

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  • janusdealer janusdealer Feb 2, 2012 5:48 PM Flag

    divideds are useless, mkt discounts them.

    interesting article in VL re divds, buybacks and debt reduction. WHich is best for you/us the shareholders?
    Bottom line - the divd. Mgmnt can always increase debt for any good or bad reason. they can also suspend stock buybacks or dilute buybacks via cheap stock options. but once you get the divd in your pocket..IT IS YOURS! mgmnt can not retract it.

    I like that thinking b/c it agrees with mine.

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