The part I love about this is the major movement up that we get from the dividend. Individual investors have their accounts setup to automatically invest the dividends so the day of and after (depending on the broker they use) all the float is taken out and there is a major up tick. With the payout being 23%, I am looking for a $.60 movement and this will put it on the list of top 10 gainers which sparks more interest. Money for nothing ....... Time will tell.
Of course, MTL does pay an annual div. They used to be very generous about it before the crisis. This current one is great too. Yahoo stinks at div info for foreign stocks. For instance, Yahoo doesn't list any div from MBT, either. MTL's US investors should get their div payment within a few days. Just have some patience.