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Asta Funding Inc. Message Board

  • joseph.pepper joseph.pepper Jan 24, 2012 9:04 AM Flag

    Increase the Dividend

    Raise the dividend to at least a 4% yield at today's price. This baby has been going the wrong way after earnings and all their news as the market has increased overall the past 3 weeks. They have the cash, what's the problem?

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    • With all this cash and a stock buy back program that appears to have done nothing for shareholders, just increase the dividend or do a special dividend excluding insiders. Since the Officers and Directors have done little for the shareholders Asta should pay an increased dividend excluding the insiders and reward them for holding the stock. This is very very fair to all. The Officers and Directors make alot of money for a company of this market cap and revenue. They probably should be a private company. It's time to reward the outsiders noiw.

    • With all the money they pay to insiders like Directors and Officers and to others for investment services they should increase the dividend. The Director fees and consulting fees paid to insiders according to the proxy statement just filed appear to be very high for a company of their size. You would figure that the shareholders should be rewarded with a higher dividend the same way they reward themselfs. Take a good look at the proxy statement and you will understand.

 
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