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The Manitowoc Company, Inc. Message Board

  • unclepennybags_2 unclepennybags_2 Jun 15, 2001 11:33 AM Flag

    dividend info

    Here is the info:

    MANITOWOC, WI � February 14, 2001 � The Board of Directors of The Manitowoc Company, Inc. (NYSE:MTW) at its meeting Tuesday, February 13, 2001, declared its regular quarterly common stock dividend of 7.5 cents per share, payable on March 8, 2001, to shareholders of record on March 1, 2001.

    The Board of Directors also unanimously adopted a resolution switching the company�s quarterly common stock cash dividend to an annual common stock cash dividend. In October of this year, and in its regular fall meeting each year thereafter, the Board of Directors will determine the amount and timing of the annual dividend for that year.


    Unc

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    • So what your saying is that they are going to take my dividend of June 10th & Sept. 10 and pay me the 5% I would make on that money (If I had the cash) and pay a lump sum at at at I wonder when ????

      What are they going to pay If I were to
      invest that money in a stock that trippled in value????

      I would think something of this importance would of or should of been voted on by the stock holders ????

      Doesn't the board work for us ????

      I feel sorry for the people on fixed incomes who depended on this cash to suppliment their income. Did you board members think of them when you made this 1/2 witted decision ?? I bet not!!!!

      By the way Tom & Terry --- How was dinner ????

 
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