Well, last year earnings were announced on Fri, 5/8 and the dividend was announced 3 business days earlier on 3/5, as you stated. This year earnings are on Tues, 5/10. Thus the 3rd business day prior is 5/5. If they are consistent with last year, you will be right.
Nevertheless, it appears to me that Hamo has been in maximum "keep-away" mode since the price went into the crapper. A May 9 dividend announcement would not surprise me.
QUIZ: What is the latest date nrf can timely file its 10-Q for 3/31/16?
Answer from SEC website:
"Large Accelerated Filers:
10-Q: for Quarterly Period Ended 03/31/16 due Tuesday, May 10, 2016"
As is the norm, Hamo is withholding as much info as he can for as long as he can.
I am going to write to the two big proxy advisory companies (one of which advised against the compensation last year) and every hedge fund holding more than 1 million shares. This has to stop.
I am also going to contact one of those class action law firms for a breach of fiduciary duty law suit, including an unconscionable contract with NSAM. I don't mind being the lead plaintiff.
These are the same people running the same company they were in 2013 (except Europe assets) which used to be one reporting entity and is now three reporting entities. The extra work is incremental, not fundamental.
By definition, these are part time employees of the separate reporting entities which, when combined, results in full time employment.
They destroyed the price of the companies with their greed and sneakiness and are awarded bonuses for doing so, INCLUDING more shares because the value of their prior unvested shares has gone down.
Words cannot describe my outrage. Hey, Bernie Sanders. Want a great corporate greed story? Look no further than nrf/nsam.
NRF filed an amended 10-K last night reporting compensation info when the original 10-K said it would be in the proxy statement. This says to me we ain't gunna get a proxy statement from NRF by 5:30 tonight. They satisfied the 120 days to disclose compensation deadline with an amended 10-K.
NSAM is the same boat with a 5:30 pm edt today deadline.
BTW, nrf paid Hamo over 10 million for part time caretaker work to destroy the price of the group, especially NRF.