I am bullish this is one extra dividend this year .
Something is wrong with the company, and I am going to unload my shares. Thirty two cents is a 20% drop, and is reflected by the down grading in February. Sorry, I am selling.
Sentiment: Strong Sell
I cannot find where .32 was already known (i.e, previuously announced by management that .32 would be the upcoming dividend.) When did they say that?
It was downgraded in Feb I think. Target div real close to that announced. Also note the PPS fall in FEB too which I suspect was due to the downgrade.
So is the price and div now priced in or not? AH is always a bit reactionary. I am poised to by more.
Fight the Future
If it was known then why was the PPS rising the last few days? This guy obviously is blowing it out his rear end.