I'd be very surprised if this remains at it's current SP when the divvy is due. Funds for the dividend have already been set aside - although I agree - there must be some risk of reduction or non-payment (you just never know)
ATM it looks like MacQ are dumping - maybe they have to offload as they wont be able to pay the next $1 installment?? According to todays notice - they still have 53M.........reckon they must be desperate to dump at these levels
Should see a rally or 2 as divvy record date draws near
TOL Price at posting:
$6.59 Sentiment: ST Buy Disclosure: Not Held