GLB 0.00% $2.97 globe international limited

yes not many companies paying out 8% of the shareprice in...

  1. 33,406 Posts.
    lightbulb Created with Sketch. 1729
    yes not many companies paying out 8% of the shareprice in dividends my guess is it is worth around $1.60 a share though not $4.00 as earnings and revenues are stagnant ie a 5% payout ratio which would be around the industry norm , interesting to see if sales will increase going forward like the MD forecasts .
    The company is adaptive to fashion trends which is a tick for them !
    Hopefully they can do something about the poor results out of Europe .
 
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