Roger, looks to me like this barrier will be past, a couple of Co.`s were very profitable & the FOXF IPO has given CODI some surplus for a change. We don`t know what the future holds, but it`s looking good now, would be nice to see a divi. increase of two cents, this would definitely send the pps over $20.00 to a new all time high, is this asking to much?
WOW!!! Just about the time CODI hit the all time high, looks like an institution or institutions took end of year profits, like I said, we don`t know what the future holds. I had to take both of my feet out of my mouth.
Alan Offenberg mentioned dividends near the end of his remarks at the start of the most recent conference call. I think what he was saying is that the $0.36 quarterly distribution is now below the CODI cash flow level since selling almost half of Fox. Paying the current distribution makes sense because they got the proceeds from the sale AND the Fox they have left is valued at more than they paid for all of Fox originally. But, if we really were to get them to make a distribution to us, CODI wouldn't have the wherewithal to go get a replacement for that lost income stream.