Yahoo just takes the last payout * 4. Its creating confusion. The actual payout is what you pointed out, $1.75/share/year. The first payout was smaller as it was pro-rated because the issue date of CLV was on 2/21 so from the issue date to the dividend date 5/1 a full dividend period had not elapsed. Going forward there will be full dividend periods (i.e. 3 months) and you will see $1.75 as the dividend yeild.
IDK, good question. Im guessing the dividend floats in order to equate to a 7% yeild based on share price at the ex div date?
IN the city, everpure water filter + sodastream = homerun and no more bottles. Super happy we are now. Sodastream has to be the greenest product on the planet!
Im always blown away to see companies announce share repurchase programs, only to end up purchasing stock at its highest levels and reissuing at lower levels. During fiscal years 2011 - 2012 WAG spent 3.2B on share repurchases. The average price paid was $36. WAG then issued 83M shares to complete their 45% investment in Alliance Boots at an average price of $32.37/share. Why repurchase shares at $36 and reissue same shares at $32 n change? 83M * (36 - 32.37) = 302M. Thats more than one quarters worth of dividend payments. OUCH! WAG, why do you do this??
Bought in today, letting it all ride, 0 or 14 here we come baby. I'm in no rush either way.
This will be an interesting test case, like one of those stocks you will remember, its going to 0 or 14. I surely dont know which. 62% short, WOW! Insiders sold hundreds of millions a while ago. Seems like no one believes in this thing. Then they have shenanigans of capital raising going on. Issuing shares like hotcakes.
Agreed. Goodwill is 6b, pretty high. I have iPad and iPhone but need a pc at work and home to get xls and biz related tasks done. Selling puts for 9.4 entry point right now. 3% div in third qtr at those levels.
Have to say what a joke seeking alpha is making themselves out to be. Shows most of their articles are written by people at 2 a.m. Using nothing more than stock screeners with dated info. Yikes!
Actually, that is not how the HK exchange rate works. Its a function of share price in relation to market cap. City Telecom is listed in Hong Kong under the stock code: 1137. It is also listed in the US under Nasdaq ticker symbol CTEL. The market cap of this company as of 5/3/11 is 4.51B HKD which = 583M USD (since USD/HKD is trading at 7.73 today). If you bought 1 share of CTEL you would own 20 times more of the company that if you bought 1 share of 1137.
Now to the dividend. Since 1 share of 1137 represents 1/20th the ownership of CTEL you must first get parity between the two in terms of ownership, then bring the exchange rate into it. So, .165 HKD * 20 = 3.3HKD. 3.3HKD / 7.73 = .43 USD.
So you are due .43 USD per 1 share of CTEL.
Hope this helps. I have same issue with canadian companies i own that are dual listed on TSX and NYSE.
I was wondering the same thing. We know other companies (i.e. pier 1 imports) have encountered huge problems as a result of gambling with company cash.
Who is it with and who manages the $$ and what are they doing with it??
Last time i followed the stock it was one sales record after the other. Anyone know why their revenues are tanking?
Is Ken Risk out of touch?
Is GRI lacking innovative products?
Changing technology and GRI isnt keepingp pace?
Does GRI issue an annual report i can read?
i think the management of this company along with the board, is top notch and very straight forward. the bank is conservative, and in a market that has immense wealth. they will continue to obtain market share from larger banks, and their customer service is extraordinary as well. I am a satisfied customer and bullish shareholder on this bank.
Yes, it is a good idea. Some crackers at Deutsche Bank Alex Brown were saying its a $50 stock.
Their earnings and revenue were flat and even down a little... but their main source of revenue is overseas and only recently did the dollar reall start tanking against the EURO. Right now its at 1.3612.
Got a call from some jerk off in a boiler room i think.... he was saying Schwab was leaving and selling out and was already in talks with Goldman Sachs... Checked my sources and they didn't know anything...
Anyone out there heard rumors like this?