SMH said it would come in at $240 million. Wrong. It is actually $264 million. The difference is that they are not going to payout a dividend above earnings so the divi has been reduced 8% from .339 to .31 which is incidently the predicted earnings per share. Great. I don't like companies paying out dividends more than earnings. In fact if a company is making more than bank interest I want the money reinvested in the company in the form of buy back or a wise core investment.
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- smh article was wrong...$264 million
smh article was wrong...$264 million
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$1.85 |
Change
-0.035(1.86%) |
Mkt cap ! $7.299B |
Open | High | Low | Value | Volume |
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29 | 480462 | $1.85 |
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Price($) | Vol. | No. |
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$1.86 | 152355 | 3 |
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6 | 92830 | 1.845 |
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1 | 22543 | 1.835 |
11 | 70045 | 1.830 |
Price($) | Vol. | No. |
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1.860 | 22543 | 1 |
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1.870 | 112669 | 5 |
1.875 | 96470 | 3 |
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Last
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Change
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