Dividend of 2 cents will be very good to me and to all those long term SH who hold heavy in this stock. 2 cents dividend will also attract those bank term depositors who are now suffering an interest rate of 0.1%. This is a developing and safe company with little risks and steady income, where is the better place to put your funds in current volatile environment. A dividend will also add to the overhead of shorter. Hopefully, they will soon stop to manipulate and let the SP return to its true value.
SXY Price at posting:
30.5¢ Sentiment: Hold Disclosure: Held