Thanks for the info. I wonder if the Triton people will dump some of their shares after the merger now that their company is public?
I have the same trouble every year. Even though they see it on the NRF web site. They say it's not their fault. They got it done right a little quicker this year.
I think a buyback is a waste of money. I looked at several REIT's that are buying back shares and they are all down. I would rather see the dividend hold.
Could someone at KBW explain exactly what that means to them. The stock was already down over 30% this year alone before their announcement and now is down almost 50%. I would hate to be paying them for advice. I think they are just a little late to the game.
That's what I thought. I don't know if would include cutting or eliminating the dividend. Probably not.
If the dividend is cut by 66%, that means the stock will be in the 5-7 range and who knows what management might do. Take NRF private? Seems like there would be a lot of law suits, but these people are only interested in themselves. Still might take a chance buy some more. Will see what happens tomorrow.
Was thinking of buying some more of NRF and wonder what the worse case would be for the dividend? Even if it was cut to $2, that would still give a yield of over 17 at today's price. Any thoughts?
I agree. I hate to see the stock go down, but as long as they continue to pay the dividend, I'm ok. I will just buy more at the cheaper price.