UNII is an abbreviation for undistributed investment income (you can find it on the PIMCO site or on the Morningstar site.
Local print media appears to be a good investment because that is where people served learn about local businesses and where the bargains are. This business will be around for quite some time because the ad revenue will sustain it. (If I remember correctly, Buffet is investing in local papers)
Sent me an unsolicited check which I received yesterday via FedEx. Their letter said they sent I because when I bought my Fusion Titanium Hybrid last December, the mpg was higher than after they retested the mileage. Great customer relations move!! Ford did the right thing.
Many funds are not cannot buy shares that are under $5 -- that is why I believe the reverse split for NCT is a good thing!
I put him on ignore quite some time ago.
His "opinions" are ridiculous for sure!
Perhaps I was not clear. What I meant is that the reverse split will cause the share price to be well above $5 -- this will permit large buyers (funds) to include NCT in their portfolios.
Secondly, retaining the same number of authorized shares will permit NCT to sell more shares to raise additional money for future investments.
Both of these are positives IMHO.
Effecting the reverse share split, while retaining the same number of authorized shares will make the shares more likely to be purchased by funds and will provide an opportunity to grow substantially by raising more money for their investments. This should cause the share price to increase over time. Great move!
Vanguard states the August dividend of $.09 was announced July 1 with the ex date being July 9 -- payable August 1.
I cannot find any state reason for the drop.
"The combined dividend of $0.25 is payable on July 31, 2014, to shareholders of record as of June 27, 2014."
June 27th is the date the company looks at its records to determine who owns shares and accordingly who is entitled to the dividend.
The ex-date is the second business day before the date of record.
The reason for an ex-date is it takes 3 days from the transaction date for a change to be entered into the company's record books.
I took the time today to calculate my percentage return on the combined dividends paid (using, of course no dividend for NEWM) -- first, based upon my cost, and that equals 10.1% per year; and then based upon today's prices for the securities, and that equals 9.57% per year.
Having done this, I am for the time being quite happy with those returns, so I will not now be a seller.