judging by the last press release , they are paying out over 100% in divys .. My guess divy to be reduced as much as 50%
They are Targeting the ALL-IN Pay-Out Ratio @ 100%:
For Q4 2013 it was 97%: 3% Below Target.
For ALL of 2013 AFTER the Merger it was 104%: 4% Above Target.
So they are pretty-much WHERE THEY WANT TO BE &
You Should Be BUYing @ a Discount
To Yesterday's Close
These guys Ran Provident & They Delivered
They Have The Assets & The Experience & The Capability Here
thanks I have a bunch now and some similar Several of them painted a rosy pic then slashed the divy .. Have many doubts about these smalish cos Perpetual pwe etc
The Board has approved the March cash dividend of $0.0225 per share payable on April 15, 2014 to shareholders of record on March 27, 2014. The ex-dividend date will be March 25, 2014 I guess you were wrong when you guessed