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CBRE Clarion Global Real Estate Message Board

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  • the.gunks33 the.gunks33 Jan 21, 2012 9:07 PM Flag

    dividend increase?

    that's a real dumb comment for your broker to say. That would be inside information because only the Board of Directors decide on what the div would be and then back it up with a press release. If your knucklehead of a broker said that to you, you need to change brokers fast or your gonna lose your shirt using that dope. Or, you are just "BS"ng all here just to pump the stock up!

    And to think that the Board would go from .045 to .075 is also a dumb thing to say. I cannot imagine they would jump to .03 right off the bat in a div increase based on the status of the real estate industry right now, even globally speaking, IMHO.

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    • Don't disagree with your conclusion re the broker advice. However, I think there will be an increase in the divident sometime in the 2nd/3rd quarter and given that the dividend was cut from .11 to .045 in 08 I would not be surprised with an increase of more than .03. CRE is increasing in value and bodes well long term. JMO

8.38-0.03(-0.36%)Sep 28 4:02 PMEDT