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Yamana Gold, Inc. Message Board

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  • hapiwondrer hapiwondrer May 9, 2011 4:52 PM Flag

    Dividends +Salaries =Wow

    So what is your alternative, do away with the dividend? How about doing away with the dividend AND the salaries, would that be your prescription? Have you any other alternatives?

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    • If auy wasn't pressured to come up with 70+ million a year in petty dividends,it might have some blockbuster earnings thereby raising the share price a dollar or two.Id rather be up $10000 on my 10000 shares than be down $10000 but be (blessed) with my $1000 dividend per year.The street has to ask--Why doesn't auy have blockbuster earnings if its such a low cost high production efficient gem? Why can't it even meet analysts projections? Because it is pressured to pay $70+ million to loyal sh's like me that are losing the principal while the management increase their salaries and bonuses.If the dividend went toward share buybacks and or earnings per share we and management would make far more with a sigificant increase in share price than this petty 10+ cent dividend.

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