what .... would you think the management would say anything else? If you want even more div get win's CSAL.
15400 shares gets you $1000 a month - aint it great!
Pepco bought Delmarva power years ago have the entire eastern shore of md.
for the same reason everyone re finance their mortgage...
why would any one buy a 10 year bond paying 2.5% when you could buy JNJ paying 3.2% with a 50 year streak of the dividend and a lower tax rate to boot?
if they can't afford $1 candy bar every other company is in worst shape.