Adjusted earnings of .06/share. Cash up to $21.4M. Another .05 dividend coming up this month. Surprised more people don't buy DRAD for the dividend alone. Huge dividend yield of 6%! Plus you get a growing, profitable company on top of that. Will gladly take some more shares in the low $3's.
Yeah I'm surprised to see people selling a growing, profitable company with a fat 6.2% dividend yield. To buy what?? Are there that many Nasdaq stocks with 6% dividend yields? That big dividend sure looks good in this shaky market.
Very true. Company is performing well. I think the reason it is stuck in the low 3s is that current year EPS is only going to be about 15 cents-ish. Forward PE is well over 20....which is sort of rich but makes sense due to the dividend. Good company, good stock.