Management will double their current dividend price. Expect .08 a quarter, or .32 a year for their new dividend amount. They have not been purchasing shares as fast as we would like, and they have tons of cash even after their purchases this year.
Hopefully with a doubling of the dividend, it will get also a doubling of the share price.
How about this, the company says sorry folks, due to our investment in America, we are suspending the dividend, what would you then say? Let me guess, nah, that's too easy. You know
what you folks sound like, don't you? It wouldn't matter what the yield is, it would never be enough.
'I want more, I want more, I want more!!!!!
We will probably hear something in our next quarterly meeting in early Feb. about the dividends. My guess is an increase from .04 a quarter to .06 a quarter (though they might not give specifics at that time). Then next year up to .08.