We're back to the lows of 4 years ago when the dividend was $0.08 a share. What will they do this time, cut the dividend to $0.02? Given the company's dividend cutting history over the past 10 years I think I'll wait for the stock to drop below $3.00 before I buy any and meanwhile look for dividends elsewhere.
Then SELL already all of you WHINERS you bought in at the wrong time.
Frankly, I hope PGH dips below $5.00 so I can roll over a non producing IRA into PGH and feel good when it hits $30 when I'm pushing 70 :)
Hey I would be thankfull they pay a Div. You could have invested in some company that has zero way to recoup any loss. This company has had a solid Div. We are at the lows of 08. My opinion is buy more. It is just a matter of time and this company turns it arround. It just had a major aquisition of NAL. Big capital expenditures. They will soon reap rewards on that.