With interest rates at record lows, SWY should be doing just the opposite = borrowing billion$ more to buy back shares and pay out higher dividends. The stock buybacks should be dutch tender auctions at above $30 per share, whereby shareholders can decide how many shares to sell at the dutch tender price.
SWY does indeed have a surprisingly large short-interest disclosed.
The dividend seems a minor expense for using the capital raised through shorting.
Anna Brandt's request is to improve the Company's Balance Sheet which would
increase fundamental value by some multiplier of the foregone divident.
Wouldn't that serve to attract even more long interest from savvy investors.
lol! 2 brand new id's saying stop the divvy. yeah right guys, more like a couple broken shorts that are getting killed. that's right losers - you just got hit again by the divvy increase. thanks for the stupidity. keep it up!