Dividended coming too.
Any thoughts about FNB this week?
THey are paying about 17M in cash plus FNB shares.I believe they have enough cash on hand to cover the 17M.THe dividend is probably around 12-13M expense assuming a 0.12 dividend.Given the 10% short interest in FNB, I think FNB should continue to pay a good dividend to cause shorts some irritation.
did u c the light and pick an entry point?
LOL. Yes. I have owned FNB for awhile.Picked up more as it dropped.HBAN stalled for awhile.