Just got another call from shareholder services. The person explained to me what was said during the meeting (Motley Fool article). She said that Kelly is committed to deploying capital in the following order: organic growth, dividend increases, acquisitions and buybacks. She said given the current Fed scrutiny (some exam that I can't remember the name of) their only option MAY be the last option (which she said is not a bad option, but would be their last choice). She affirmed that Kelly's priority is to get the dividend back to the previous level, but has to work under the Fed constraints.
Sentiment: Strong Buy
I think they should take the risk for any scrutiny that may be received by the Feds in increasing the dividend. They owe it to their shareholders. Period.
Sentiment: Strong Buy
I called Shareholder Services today to let them know that this shareholder wants a dividend increase vs. buyback. Kelly King promised to get the dividend back to the previous level as quickly as possible. Is there a reason they can't do this?
This message board definitely stinks. I keep reading conflicting information about how long you have to hold the stock to get the dividend. Are you sure about being able to sell it tomorrow?
What a disappointment. Why did they move the date for the dividend? They are making us wait a month longer. Anyone know the reasoning? Also, they increased it 3 lousy cents? Kelly King is not making good on his promise to get it back to where it was before the crash. There is no reason for them not to have increased it at least 8 cents. Anyone have any thoughts about these two issues? Very disappointed.
I'm right there with you. I've lost money on HOKU and really don't understand why bankruptcy has not been announced. Perhaps there is a glimmer of hope. One can hope.
Oh please. Spare us your nonsense. Let's see....EVERY quarter during this recession they have shown a profit. When do you think they will let the cat out of the bag on their awful performance? Please get real.
It's been this way for quarter after quarter. BBT has stellar reports, the stock goes down. The stock market analysts are nothing but manipulators.