Possibly however, CIM is (was) managed by ACM when it was well below 5 bucks-- ACM voted a huge reverse split--and since that time CIM has been on a downward slide.
Had it not been for the huge r/s CIM would be out of business or OTC now.
All IMO--I respect yours.
To each his own--I do not believe in r/s to keep a company in business.
Simply stated: Annaly capital mgmt. is (mgr/owner) of cim they authorized a huge r/s years back and recently authorized another recently.
Increases share price.
All IMO you are entitled to your opinion---I have mine--Still long--Still holding--My choice!!
I am long for a long time and have done ok with the dividend payments however, I am getting concerned that management may be taking this down the same path as cim (large reverse split).
All thoughts welcome.
pumpers and bashers.
I sure hope you are right about that however, I am not comfortable in my gut that Immelt will share. He seems to find ways to divert profits in ways other than sharing with shareholders IMO.
Good investments on your part.
you and mysonchino and others understand the numbers better than I do.
unless the info would be in this chart--I do not know.
Resource Capital Corp. (RSO) -NYQ Watchlist
4.18 Down 0.05(1.18%) 4:04PM EDT
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Cash Flow Get Cash Flow for:
View: Annual Data | Quarterly Data All numbers in thousands
Period Ending Dec 31, 2014 Dec 31, 2013 Dec 31, 2012
Net Income 61,203 46,453 64,443
Operating Activities, Cash Flows Provided By or Used In
Depreciation 9,980 24,834 (2,838)
Adjustments To Net Income (151,457) (11,745) 15,395
Changes In Accounts Receivables (2,091) 7,337 (1,075)
Changes In Liabilities (2,762) (24,129) 10,065
Changes In Inventories - - -
Changes In Other Operating Activities 14,569 6,922 (22,480)
Total Cash Flow From Operating Activities (69,593) 49,672 66,348
Investing Activities, Cash Flows Provided By or Used In
Capital Expenditures (934) (506) -
Investments (428,810) 442,382 22,514
Other Cash flows from Investing Activities 42,185 51,636 53,642
Total Cash Flows From Investing Activities (389,131) 492,271 76,156
Financing Activities, Cash Flows Provided By or Used In
Dividends Paid (121,556) (130,580) (78,143)
Sale Purchase of Stock 213,463 195,522 171,170
Net Borrowings 184,452 (429,893) (193,369)
Other Cash Flows from Financing Activities - - -
Total Cash Flows From Financing Activities 276,359 (364,951) (100,342)
Effect Of Exchange Rate Changes - - -
Change In Cash and Cash Equivalents
"sale purchase of stock"?
Jun 11, 2014 FORE RICHARD L.
17,000 Direct Purchase at $5.84 per share. 99,280
Jun 6, 2014 WIGGINS STEPHANIE H.
5,932 Direct Acquisition (Non Open Market) N/A
Jun 6, 2014 BLOOM DAVID E
8,500 Direct Purchase at $5.86 per share. 49,810
May 19, 2014 LEVIN MURRAY S
4,500 Direct Purchase at $5.40 per share. 24,300
May 19, 2014 KESSLER STEVEN J
9,158 Direct Purchase at $5.41 per share. 49,544
May 19, 2014 COHEN JONATHAN Z
40,000 Direct Purchase at $5.41 per share. 216,400
Stock split dates
The board of directors of PPG Industries (PPG) today declared a regular quarterly dividend of 72 cents per share, payable June 12 to shareholders of record May 11. This marks the company’s 467th consecutive dividend payment. PPG’s previous dividend, paid in March, was 67 cents per share. The company has paid uninterrupted annual dividends since 1899.
PPG directors also approved a 2-for-1 split of the company’s common stock for all shareholders of record as of the close of business May 11. On June 12, following payment of the quarterly per-share dividend, each shareholder will also receive a stock dividend of one additional share of common stock for each share held on the record date. PPG common stock will begin trading on a split-adjusted basis on Monday, June 15
IMO--Very solid company. If your looking for dividends only low % of return. I have this in a trust for the Grandchildren so a split of this kind only improves the return for them when it is needed.