Announced Wed, 7/31 after the close.
Payable Fri 8/16
Ex div Thur, 8/8
Amount = 20 cents, of course.
If I am correct on all, the shorts have 11 trading days after today to cover before the dividend announcement. Then they have Thur, 8/1 to cover during the dividend pop before the earnings release. Could be a tough day for shorties because dividend increase will signal all is OK with cad growth.
Only things I can think of to put a damper on est 2013 and 2014 cad is serious delay closing new PE deal or perhaps slow starts to selling Healthcare and Income 2. Shorts are going to need bad news. Otherwise, even the very slow market might realize at least a buck of cad for 2013 with 21 cents in Nov (78 for year) and 1.25 to 1.40 for 2014 with a 94 cent dividend (22+23+24+25......penny per quarter).
Don't sell your flippers. Shorts will be knocking on Bernanke's door pleading for another rate fart.
Dar. Your analysis of this stock has been spot on. Through times of doubt, I have stayed the course thanks to your unwavering belief in this management team, and their continued ability to grow cad. I appreciate your honesty and integrity and thank you for helping me grow my portfolio. Keep it going!
Yes, at the least, I/we should just thank you for your time and effort. Sometimes we forget that the money we make is not just for fun, it makes our lives better and you have contributed to that. Thanks.
There will be no crying in my beer, just a big smile as I watch some shorts panic. It will really be telling to see a large short position hang on. Talk about balls...or stupidity.
Sentiment: Strong Buy