Quarter; Payment Record Date; Payment Date; Dividend (per share)
Q1 2015 December 31, 2014 before January 31, 2015 $0.02
Q2 2015 March 31, 2015 before April 30, 2015 $0.02
Q3 2015 June 30, 2015 before July 31, 2015 $0.02
Q4 2015 September 30, 2015 before October 31, 2015 $0.02
Total for Full Year 2015 $0.08
Really? That's positive. Shows someone (company) has $6mill. confidence in KZ. As of today, this translates into approx. $400k in 3 weeks.
Now any idea how well Wargaming does in their investment acumen? I need to research Wargaming in my next round. Never ending tasks to follow up on leads, big and small.
What results were you expecting to be consider "better"? How much better could KZ get? Were your expectation realistic?
Yea, you're just asking that question, now? It is only 6 months late! :)
Dunno, except....guessing the drop correlated with the overall mrkt mini correction in the small caps; KZ's flu has lingered.
Another more likely reason was KZ's actual and forecasted EPS went down in April 2014. Up until April their EPS were going up with every qtr.
All is not lost, as the EPS may have gone down because of final expense related to the new games rollout. IF the new games are successful and catches on with the consumers, profit should be rolling back to the bottom line..
Also, perhaps, KZ's board is trying to make that statement of confidence by declaring a special dividend. In other words, KZ "knows" consumers likes their new game launches, they will be buying, therefore there is sufficient capital to distribute to the investors and still continue running the business.
It is all a guess!
@Scott, there is a reason for "dropping". Five days earlier to your post, KZ announced a .88/ADR dividend "the Company's ADS program, expects to pay out dividend to ADS holders on or around November 10, 2014. Dividends to be paid to the Company's ADS holders through the depositary bank will be subject to the terms of the deposit agreement, including the fees and expenses payable thereunder."
Since there is no exciting news on new earnings/revenue, it is not unusual for a company share price going down proportionate to the divi payout.
KZ has rewarded investors a 13% dividend AND KZ share price has recovered to dividend disbursement prices.
Cool with that. Lowered my entry price some more!
Is this the sign of more positive trend? Stay tune
Sounds about right. Investors like confidence and positive news. KZ is showing confidence and as long as money (dividends!) continues being paid AND earnings increase the bottom line, more greedy investors will take notice.
Welcome aboard. Wish you much success in owning KZ.
I've been a long time investor and pleasantly surprised with the recent dividend. Their recent gaming venture appears to be better use of capital than their WVAS offering.
Since KZ is not a "leader", the market, or other sexy stock, will likely dictate or severely influence KZ share prices.
I agree with NATO, don't know and no complaints.
If it is a start of attend, even better. Nice special divi and capital gains to boot.
First of all, are you a KZ stock holder?
If you still haven't received your dividend. I suggest you investigate/research with your broker, instead of fiddling on an internet blog. Afterward move your accounts and trades to a reputable brokerage firm.
Nice cordial message. What was the respone? Hope you didn't just leave the message and hoping for a response on a message blog forum.
Are you a new investor to make such faulty conclusions?
I don't profess, like you, to see actions and summize as "further proof" of anything. I don't know without facts.
Before you jump to conclusions, have you concidered:
1) Purchases are typically pre-planned dates in advance of the purchases..
2) Purchases are decided based on "basket" of shares over period.
This prevents overpaying higher prices on a thinly traded company. In other words, KZ shouldn't out bid themselve in chasing for more shares.
Conversely, KZ wouldn't want to chase down the share price causing an artificial shareprice or worse a panic on shareprice.
If either scenario happen, I am sure bonehead investors and litigious American investors would file a class action lawsuit in a heartbeat against KZ.
Have you even consider such scenarios? You should.
Current year & prior year comparisons are next to impossible!
Revenue income and Impairment charges, “discontinued operations (Shenzhen and Wuxi facilities)” are so convoluted. For instance, As for our Wuxi plant, all production line machinery has been sold and the factory building continues to be listed for sale; comprehensive income separately under the income (loss) from discontinued operations (net of tax) and not included in the presentation of rental income, net rental income and operating loss that form parts of the operating loss of "continuing operations"
To make it simpler to understand, I’m just going with NTP PR release on 11/03/14:… The current headcount of our Group is approximately 70 and we believe that our overhead expenses are under control. The Company currently derives a majority of its income from rental and interest income. As of September 30, 2014, total cash was $301.3 million. As a result of our cash position, we believe the Company's finances remain healthy to fund the initial stages of these property development projects in the next two to three years. We continue to focus our efforts on developing the two parcels of land in Gushu, Shenzhen, and Guangming, Shenzhen.
Continuing operations (Cash Flow??): $0.4mill as of Nine months ended 09/30/14.
• Net Rental Income: $0.8mill.
• Interest Income: $6.7mill
• Admin Expenses:$7mill