Check the histrory of this stock, worst performance in decade, what ever they do , always turn out be disaster by loosing value of stock price and declining dividend year after year and still its revenue does not cover. Only thing is up in decade seems their paychecks and Florida life style living. Many Reits are doing fine in so called stagnant environment, but not ARR. Why? Some govt agency should look into the history before it become s $2 stock again..
RRD is like a Buffet stock, many meaningful acquisitions, good management and high percentage of family ownership, located in diversified central part of country, more than 5% dividend on consistent basis, high institute ownership. Owners, institutes, shareholders keep the stocks to get juicy dividend, earnings covers dividends, not a darling high flying stock, one can leave in portfolio and sleep at night. This is when we have 1.2% dividend in saving act or loosing shirt in so called inflated IPOs, who only make rich to the founders. People, retail investors and main street have lost trust in wall street as we see churning every day. Hope, RRD management keep up their good work, even though analysts ignored them.
They say " higher stock price should attract a broader range of investors (better operating results wouldn't hurt either). " When it become $24, it may have more room to slide than at $2.90., and they will increase their management fee by issuing more shares and but will dilute exsiting equity ? $.003 cent increase? Not a single cent increase in monthly dividend? Read the sentence in bracket. All these years why they did not do anything to to improve operating results? Does anyone knows any reit selling at such low price like ARR at $2.90? There must be some reasons.